Is clubhouse a public stock?

Be warned: Clubhouse is not a public stock. There is a different company called Clubhouse Media Group Inc. (OTCMKTS: CMGR) that trades over the counter. Many traders have mistakenly flocked there, thinking it’s the social media app company. The stock popped more than 500% from $4 to $27.40. It’s on its way back down now.

Does clubhouse Media Group have a public offering?

Despite its rising notoriety, Clubhouse hasn't gone through a public offering. It recently received a sizable investment from Andreessen Horowitz, which also happens to be a private company. It's worth noting, however, that there's another trendy company called Clubhouse Media Group that does have a publicly traded parent company.

Will clubhouse break $100 billion in the next 5 years?

Amid the social media buzz, Sahil Lavingia, CEO of Gumroad, tweeted last week that Clubhouse could break $100 billion in the next five years. Other influencers followed with similar projections. Now, stock traders are wondering how they can get ahold of some Clubhouse stock. Be warned: Clubhouse is not a public stock.

What is clubhouse & how does it work?

What Is Clubhouse? Clubhouse is a new take on the chatroom launched in 2020 by Alpha Exploration Co. People can drop in and have live, moderated voice conversations that are never recorded. It's a similar charm to the Snap Inc. (NYSE: SNAP) model, which enables users to share photographs that disappear after they are viewed.