Bloomberg: ‘Twitter negotiated over Clubhouse buyout’

In the context of these negotiations, a value of some $ 4 billion was attributed to Clubhouse, but that did not prevent the envisaged absorption of the app from flipping, according to the sources, without us really knowing Why. Twitter and Clubhouse spokespersons declined to comment.

Previously, we had learned that as part of a new investment phase, Clubhouse was targeting a market value of $ 4 billion. Following the interest shown by Twitter, the audio app is said to have started looking for other investors who believe the company is well worth this amount.

Clubhouse is a social media where people meet for group talks on a specific topic or to listen to interviews. The app launched last year is currently only available to Apple users. Due to the corona and containment crisis, Clubhouse’s popularity has grown significantly. This success is also due to the fact that personalities from Hollywood and the economic sector quickly started to use the app.

Twitter has meanwhile implemented a competing service called Spaces. Here, too, app users can invite others for live audio interviews. This Twitter function is now still in the testing phase.

In the context of these negotiations, a value of some $ 4 billion was attributed to Clubhouse, but that did not prevent the envisaged absorption of the app from flipping, according to the sources, without us really knowing Why. Twitter and Clubhouse spokespersons declined to comment. Previously, it was learned that in a new phase of investment, Clubhouse was targeting a market value of $ 4 billion. Following the interest in Twitter, the audio app reportedly searched for other investors who felt the company was well worth that amount. Clubhouse is a social media outlet where people meet for group talks on a specific topic or for listening to interviews. The app launched last year is currently only available to Apple users. Due to the corona and containment crisis, Clubhouse’s popularity has grown significantly. This success is also due to the fact that celebrities from Hollywood and the business sector quickly started using the app. Twitter has meanwhile implemented a competing service called Spaces. Here, too, app users can invite others for live audio interviews. This Twitter function is now still in the testing phase.