Meerkat, Houseparty, YikYak, Clubhouse - the b2c graveyard is long. VCs keep funding these apps blindly, with no real logic.
But talk to any of the MBAs in VC and they consider themselves Gods with special skills. It never ceases to amaze me.
JUST IN: Character.AI files for bankruptcy after mounting legal challenges, agrees to sell some of its assets to Disney for $20 million.