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So Clubhouse will have a market cap of $96 billion? Seems worth it for them then.

Snapshat is far more impressive wrt tech and scale. Clubhouse will never get that far honestly - simply too easy to clone even without Facebook and Twitter.

Snapchat was the same though which is why I jokingly posed the counter point.

Snapchat was just an app to send photos (and later videos) back and forth. Facebook copied it with their Poke app that failed. Maybe the answer is integration with existing apps instead of having a dedicated app? Instagram stories was relatively effective

Way ahead of you https://help.twitter.com/en/using-twitter/spaces

repeat of https://en.wikipedia.org/wiki/Vine_(service)

The ClubHouse price isn't the technology (as it isn't nothing more than audio in some setup). It's in the userbase and attraction: influent people getting onboard, demand based on invitation only, exclusivity, iOS-only...

If they don't lose their hands, they'll keep this as a desirable product, and the value will reflect so.