Clubhouse, as per media reports, is in talks with investors to raise funds at a valuation of about $4 bn. The deal, if and when happen, would quadruple the start-up’s value from Jan and would reflect the high expectations of investors from the audio app. The reports, however, did not reveal how much Clubhouse is seeking to raise or named the investors who may participate. Clubhouse didn’t respond to the media queries.
Clubhouse will let users send money to their favourite creators. The feature — Clubhouse Payments — can be used to send by going to the profile of the creator and hit “Send Money” and enter an amount. The creator has to enable the feature. “100% of the payment will go to the creator. The person sending the money will also be charged a small card processing fee, which will go to the processing partner, Stripe,” Clubhouse said in a blog post.
Microsoft owned LinkedIn said that it is testing an in-app social audio experience. LinkedIn’s new feature will be different from Clubhouse rivals being built by Facebook and Twitter as its audio networking feature will connect users’ professional identity and not a social profile. The professional networking platform said that the development of an audio-based feature came as users have been asking for more ways to engage on its platform.
The Stanford Internet Observatory claimed that Chinese based Agora supplied back-end infrastructure to Clubhouse and it may have access to users’ audio, possibly providing access to the Chinese govt. The app, in response, said that it was reviewing its data protection practices and accepted that some people in China had found a workaround to download the app which meant the conversations they were a part of could be transmitted via Chinese servers.