News

Acquiring Clubhouse would have been Twitter’s biggest bet yet

Twitter may have played a role in driving up the audio-only social company’s valuation, Bloomberg reports in this fascinating scoop. The Jack Dorsey-led shop is said to have “discussed a potential valuation of roughly $4 billion for Clubhouse” in recent months. And while the talks stalled, the number stuck, leading to discussions around raising additional capital at said figure.

Last updated on:

August 11, 2023

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