I signed up for an account (@elliots) on the new Clubhouse app yesterday (thanks, Andrew), and I spent some time using it over the last couple of days. It is neat to be able to jump into an audio chatroom spanning all sorts of topics and listen to people share thoughts, opinions, and banter on a variety of topics.
After spending a bit of time in various domain investment related discussion rooms, I want to share some very initial thoughts on Clubhouse at it relates to domain investing. You are welcome to share your thoughts as well:
- It was nice to see so many people interested in domain investing. Each time I visit a room with domain name discussions, there were often dozens of people participating.
- It was great to see diversity in the different rooms, both in terms of the people participating and the types of domain names people are buying.
- It is neat to be able to listen to people informally chat about domain names all day long in the background.
- It is easy to appear to be an expert speaker in a room, and people who are new to domain investing need to do their own research before investing.
- There are a lot of people I consider experts who are spending time on Clubhouse, offering good advice and anecdotes.
- It is great when more people are spending money to invest in domain names, but if people just jump in and buy names, there are going to be quite a few disappointed investors who lose money. Domain investing is not a “get rich quick” type of investment.
- I’ve been following discussion on Twitter about the increase in registrations of .Club domain names, but I still have no idea why this is happening.
I can’t say whether or not Clubhouse is going to be a fad or not. I would imagine it is going to be tough to keep experts engaged and chatting all day. It is possible to keep Clubhouse open in the background, but I found it a bit distracting at times.
I might drop in on Clubhouse from time to time, but at this point, I doubt I will become an active user.