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by rvz 1476 days ago
> I think Clubhouse was perhaps another VC pump and dump.

Attempted* quick pump and dump. They tried to get Twitter to acquire it for $4B and that failed so they are now scrambling to make money or make it worthy of an IPO.

Since either outcome is unlikely, they are most likely to do a down-round with more layoffs as a consequence and probably close down in the next 5 years.