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They have a small, private audience that they've extrapolated into a mass market audience. That does not justify a one billion dollar valuation. They do not hav

They have a small, private audience that they've extrapolated into a mass market audience. That does not justify a one billion dollar valuation. They do not have the usage to back that up. VCs make tons of awful bets, I would not say they have any particular insight into what will be big and what will not. They fail more than they succeed. Regarding vendors, you're definitely incorrect. Clubhouse has exposed themselves to great risk by relying on another platform. Just a reminder: https://newatlas.com/skype-joltid-litigation-shut-down/12390/ https://newatlas.com/skype-joltid-litigation-shut-down/12390...

zepto 6y ago
> They have a small, private audience that they've extrapolated into a mass market audience. That does not justify a one billion dollar valuation. They do not have the usage to back that up. How do you know? Have you seen their data? Again you say the audience is ‘private’ but that isn’t true. > Regarding vendors, you're definitely incorrect. I’ve explained my position. You have not explained how it’s wrong. I have to assume you can’t. > Clubhouse has exposed themselves to great risk by relying on another platform. You don’t know what risk they have exposed themselves to unless you have seen the contracts and know what the switching costs will be. You also don’t know anything about where in their timeline their own infrastructure development is. > Just a reminder: https://newatlas.com/skype-joltid-litigation-shut-down/12390 https://newatlas.com/skype-joltid-litigation-shut-down/12390... That link proves my point, and disproves yours. eBay didn’t do appropriate due diligence, and didn’t have an appropriate contract. That is a risk Clubhouse can easily avoid, and the eBay/Skype case is now a well known piece of business lore taught in business schools. I assume you don’t know anything about what contracts Clubhouse has with their suppliers. Again, correct me if I’m wrong about that.

zepto 6y ago

> They have a small, private audience that they've extrapolated into a mass market audience. That does not justify a one billion dollar valuation. They do not have the usage to back that up. How do you know? Have you seen their data? Again you say the audience is ‘private’ but that isn’t true. > Regarding vendors, you're definitely incorrect. I’ve explained my position. You have not explained how it’s wrong. I have to assume you can’t. > Clubhouse has exposed themselves to great risk by relying on another platform. You don’t know what risk they have exposed themselves to unless you have seen the contracts and know what the switching costs will be. You also don’t know anything about where in their timeline their own infrastructure development is. > Just a reminder: https://newatlas.com/skype-joltid-litigation-shut-down/12390 https://newatlas.com/skype-joltid-litigation-shut-down/12390... That link proves my point, and disproves yours. eBay didn’t do appropriate due diligence, and didn’t have an appropriate contract. That is a risk Clubhouse can easily avoid, and the eBay/Skype case is now a well known piece of business lore taught in business schools. I assume you don’t know anything about what contracts Clubhouse has with their suppliers. Again, correct me if I’m wrong about that.