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Fresh funding values Clubhouse at US$4 billion, even as Facebook and Reddit unveil rival platforms

Fresh funding values Clubhouse at US$4 billion, even as Facebook and Reddit unveil rival platforms
Source: Unsplash/William Krause.
Social audio app Clubhouse has reportedly secured a fresh chunk of funding, giving it a whopping US$4 billion ($5.1 billion) valuation, in the same week as incumbent social media rivals announce their own copycat products.
The value of Clubhouse’s Series C funding round has not been revealed, however — if the valuation is indeed accurate — it has quadrupled the startup’s valuation in the space of just months.
In January, the company closed its Series B round, rumoured to value it at $1 billion.

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Twitter's Spaces pips Clubhouse to the post, opening up to Android users

Twitter Spaces wasted no time at all muscling in on Clubhouse’s live chat room turf. And it’s got the one thing the social media newcomer hasn’t.

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What Jessica Williamson has learnt since scoring a Clubhouse invite

Source: Unsplash/William Krause.
Clubhouse is one of the newest social media platforms out there, and I just had to try it.
I’d heard that Clubhouse was a platform where you can connect with some of the world’s prominent industry leaders via live voice interaction. This means you speak directly to real movers and shakers in your industry.
I was so intrigued, and after receiving an invite to join, I jumped right in and gained tonnes of followers in just two days.
Here’s what I learnt.
1. It’s an authentic way to connect with big-name entrepreneurs
Everyone is on Clubhouse to give value, and this authenticity translates directly into follows.

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