As Clubhouse gets a boost from Elon Musk, its audio partner’s shares are soaring

Audio-based social network Clubhouse is having a hell of a week after Elon Musk appeared on a session and caused its rooms to overflow. Now, there’s a frenzy of people trying to get into the invite-only social network. For the uninitiated, Clubhouse is an iOS-only app — backed by venture firm Andreessen Horowitz (a16z)  — where users create rooms and chat to each other through audio in real-time. Apart from Clubhouse, its audio technology partner Agora is also basking in glory as its share prices have gone up over 50% from the last Friday’s closing price. Its stock went from…

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from https://thenextweb.com/hardfork/2021/02/04/as-clubhouse-gets-a-boost-from-elon-musk-its-audio-partners-shares-are-soaring/