Can Clubhouse cash in? ...Middle East

Economy by : (Quartz) -
Clubhouse had a $1 billion valuation before it had a business plan. On Jan. 24, the company announced its latest fundraising round, along with a rough sketch of the revenue-generating tactics it plans to start testing over the next few months: tips for creators, ticketed events, and paid subscriptions. In the meantime, founders Paul Davison and Rohan Seth are turning on the money spigot with a Creator Grant Program that will put some of their venture capital cash directly in Clubhouse influencers’ pockets.Davison and Seth (ex-Googlers, both) are hoping they can crack the code for keeping influencers paid, and avoid the cautionary tale of short-form video relic Vine, which lost a third of its

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