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I think it's naive to think that they're doing this out of pure goodwill. They've taken over $100 million in funding in only a year of being in business. Since
by goldenchrome 6y ago
I think it's naive to think that they're doing this out of pure goodwill. They've taken over $100 million in funding in only a year of being in business. Since they're so new, my estimate is that they're generating goodwill with consumers before any of their investors are expecting to make their money back. Given the sheer number of Clubhouse competitors, this is probably a smart move for their business. They get to generate reactions like yours en masse.
They're building a strong brand and reputation to beat out the competition, and they'll only start monetizing once they've won.