The winning audio social network will be focused solely on spoken audio
Paul Davison · Clubhouse CEO Paul Davison: What does Clubhouse do now to regain mindshare? | | 20VC #929 · 20VC with Harry Stebbings · Sep 26, 2022 · at 29:49
Paul Davison is the co-founder and CEO of Clubhouse. In response to questions about acquisition interest and competition from tech giants, Davison argues why single-medium focused platforms historically win new formats.
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“So I believe that the company who wins is going to be company that is fully focused on that medium.”
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More from Paul Davison
Live audio fails for passive content but works for active socializing
“Live for content is really hard. From my perspective, Clubhouse is not about content. Clubhouse is about talking. Right. And like I was saying, 70 to 80 minutes a day, people are in these rooms and 30 to 40% of them are talking. They're hanging out with people…”
Average Clubhouse users spend 70-80 minutes daily, and 30-40% speak
“Our average person, if you join a room on Clubhouse on, on average, you're there about 70 or 80 minutes a day. 30 to 40% of people are talking, depending if you look on a weekly or daily basis.”
Paul Davison claims Clubhouse has years of cash runway remaining
“We have years of runway right now.”
Paul Davison dismisses Twitter Spaces as a broadcast product, unlike Clubhouse
“Twitter is doing what they've done in the past, which is helping people broadcast to other people. And I think that, you know, the they've done a fine job at that, and it's pretty different from what I think we target at Clubhouse. And I can talk more about th…”
Clubhouse's public feed shows only a fraction of total network activity
“We have actively seen more and more rooms going private and semi-private over time. So you actually only see a fraction of what's happening on the Clubhouse network when you open the app, and that's increasingly true over time.”
Clubhouse is splitting into private user-created sub-networks called 'houses'
“Right now, one of the things that we're doing is actually splitting the network up into many different networks. So anyone, any person, any group, any community can create their own private section within Clubhouse called a house.”