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Twitter Is Said to Have Discussed $4 Billion Clubhouse Takeover

April 7, 2021, 8:05 PM

Twitter Inc. held talks in recent months to acquire Clubhouse, the buzzy audio-based social network, according to people familiar with the matter.

The companies discussed a potential valuation of roughly $4 billion for Clubhouse, the people said, asking not to be identified because the matter is private. Discussions are no longer ongoing, and it’s unclear why they stalled, the people added.

A Twitter spokesman declined to comment. A Clubhouse representative didn’t immediately respond to a request for comment.

WATCH: Twitter Inc. reportedly held talks to acquire Clubhouse in recent months with a potential valuation of about $4 billion.
Source: Bloomberg)

Bloomberg News reported earlier this week that Clubhouse is in talks to raise funding from investors in a round valuing the ...