Equity The impact of hype with Clubhouse's Paul Davison
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Dec 14, 2022 In a lively chat, Paul Davison, Co-founder and CEO of Clubhouse, shares insights on the app's meteoric rise amidst social interaction changes during the pandemic. He discusses the delicate balance between excitement and sustainable growth in tech, emphasizing the importance of genuine connections. Paul also explores how Clubhouse has fostered community, showcasing personal stories of users forming meaningful relationships. He further examines competition with other platforms, shedding light on the evolution of social media dynamics and user engagement.
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Highlight App
- Paul Davison's Highlight app was a location-based social network.
- It notified users of nearby friends or connections, foreshadowing Clubhouse's focus on people.
Timing and Luck
- Social product success involves timing and luck, like Twitter's use of SMS during the rise of unlimited data.
- Clubhouse benefited from the pandemic's increased need for connection, but remote living is a permanent trend.
Managing Hypergrowth
- Avoid excessive hype and hypergrowth, which can strain infrastructure and create negative user experiences.
- Focus on steady growth, prioritize core community building, and take a long-term view.