[rvz]

Completely correct. Like Instagram in its early days, they are doing the same thing. All you have to do is ask how are they going to make money. They don't have a clue.

The value of Clubhouse goes down as more users join. Exclusivity through invitation to a social network is not a business model.

[ftreml]

nobody asks how to make money if you already have a hell lot of money and a growth rate like clubhouse. there is plenty of venture money available, more that can be spent.