People confuse building strong viral loops with actual product innovation. They did a great job using the invites and exclusivity to drive viral growth but the product itself is not some game changing innovation.
It’s still amazing what their team did and they’ve raised $4 billion from Adresson Horowitz, so there’s clearly something to this trend of audio-based social networks. That being said with the world opening up there is such dying demand for this, so we’ll see if it becomes the next big thing.
It's done already, they failed and I was on CH since October, super bullish and everything. Downloads fell off a cliff
preference brother
I know but still, I don't think my phone is stealing my voice data
I'm glad. Just about anything locked behind exclusive barriers just for the f*** of it is pretentious and corny to me. Never had an interest in clubs because of that, and clubhouse can similarly go to Hell.
it’s not that I disagree, but I feel like to make this thread you have to still be a little salty you were never invited.
I mean they had it as closed registration and screwed themselves
Also it wasn't fascinating
Thing is they relied so much of the hype on invites and celebrities that when the app became public, s*** fell apart fast. That’s why like you said execution is super important and learn to create long-lasting growth
Man, they did so much wrong lmao. They've been in "beta" for over a year lmao. They haven't taken any feedback from the users and actually applied it to the app like a beta is supposed to be. They waited way too long for Android. Their algorithm is horrible. Can't find rooms that easily. So many toxic and annoying rooms whether it's gender wars or white people talking about why they hate woke and BLM all the time, preferential treatment towards white people when black people got the app popping. 21 Savage, Meek and Joe Budden legit deserve equity out of clubhouse based on the amount of heads they brought in. And honestly the idea is just tough to scale without a pandemic. When people are in the office, they can't just sit and listen to clubhouse. All I know is if the founders were black, 1. Clubhouse would've never got this money 2. They wouldn't get nearly as many chances to fail
I think the exclusivity played a role in why it blew up but the main reason was probably that people were starved for social interaction during Covid, especially talking. Now that we can do that again, Clubhouse has died off
I know but still, I don't think my phone is stealing my voice data
iphone is for sure. And it's not stealing, all that stuff is in tiny print that they'll use your data. Again I really don't understand people's fear of data being collected. Individually, you're not important at all, but collectively data is valuable.
This is why execution matters. They blew a major opportunity. Also it's funny how much money is in the world, they put crazy money into this app that will fail
Like Quibi, s*** had billions & couldnt even make 2% back 💀
Like Quibi, s*** had billions & couldnt even make 2% back 💀
Everyone knew Quibi would fail, but Clubhouse blew up and then downloads dropped off a cliff. A few months ago, there would be multiple 5k-6k rooms. Now, it's usually only 3-500 max
Everyone knew Quibi would fail, but Clubhouse blew up and then downloads dropped off a cliff. A few months ago, there would be multiple 5k-6k rooms. Now, it's usually only 3-500 max
S***s crazy how money there supposedly isnt but then randomly pops up in the millions to billions for some random tech s*** that most can see as a fad n failure except the investors lol.
The Quibi still blows my mind & how it was one of the highest funded & most badly failed apps out there.
Literally just flishing money away.
it’s not that I disagree, but I feel like to make this thread you have to still be a little salty you were never invited.
I literally joined the app when I got the invite like during its hype days lmao
S***s crazy how money there supposedly isnt but then randomly pops up in the millions to billions for some random tech s*** that most can see as a fad n failure except the investors lol.
The Quibi still blows my mind & how it was one of the highest funded & most badly failed apps out there.
Literally just flishing money away.
Quibi raised crazy money because they had big hollywood execs behind it. They failed because those execs are boomers and out of touch. They wanted to make a gen z app and they had no clue how gen z act. I've talked to a bunch of VCs and honestly the name of the game is team. You can have a completely garbage idea but if you got clout, you'll get at least some initial funding. That's why a lot of tech founders come from a combination of Ivy, Stanford, or FAANG.
Quibi raised crazy money because they had big hollywood execs behind it. They failed because those execs are boomers and out of touch. They wanted to make a gen z app and they had no clue how gen z act. I've talked to a bunch of VCs and honestly the name of the game is team. You can have a completely garbage idea but if you got clout, you'll get at least some initial funding. That's why a lot of tech founders come from a combination of Ivy, Stanford, or FAANG.
Faxx, & yeah its crazy how they ignore telltale signs n whatever else as long as there are big names or "exciting energy" with it lol.
Always surprises me even tho ive seen it happen a few times.
Clout n hype really is intoxicating from the bottom to the top of ladder in all fields 🤦♀️
I feel for the niggas that was thirsty to get on just to be disappointed by the reality of what it was
S***s crazy how money there supposedly isnt but then randomly pops up in the millions to billions for some random tech s*** that most can see as a fad n failure except the investors lol.
The Quibi still blows my mind & how it was one of the highest funded & most badly failed apps out there.
Literally just flishing money away.
Quibi was just an awful idea. Imagine the unit economics for making professional, short form video content. It was like designed to burn through hundreds of millions of dollars of runway without the slightest chance of becoming profitable
CH though was seeing FB level growth and was built at the right time as social media is now evolving into live interactive experiences. They also worked with creators to develop a business model designed to reward the entire ecosystem as their community was growing. I can see why they raised the kind of money they did, even if I hated the app lol.
Quibi was just an awful idea. Imagine the unit economics for making professional, short form video content. It was like designed to burn through hundreds of millions of dollars of runway without the slightest chance of becoming profitable
CH though was seeing FB level growth and was built at the right time as social media is now evolving into live interactive experiences. They also worked with creators to develop a business model designed to reward the entire ecosystem as their community was growing. I can see why they raised the kind of money they did, even if I hated the app lol.
I’m still confused as to what Quibi was supposed to be? Like 5 minute episodes of shows or some s***? Isn’t that just YouTube lol
Quibi raised crazy money because they had big hollywood execs behind it. They failed because those execs are boomers and out of touch. They wanted to make a gen z app and they had no clue how gen z act. I've talked to a bunch of VCs and honestly the name of the game is team. You can have a completely garbage idea but if you got clout, you'll get at least some initial funding. That's why a lot of tech founders come from a combination of Ivy, Stanford, or FAANG.
Yeah I definitely agree with this. Having a badass team + using a new platform or technology in a novel way makes it so easy to raise seed money around sand hill. Even if the idea is f***ing stupid