Clubhouse Discusses Funding at About $4 Billion Value

Clubhouse, the buzzy audio-based social network, is in talks to raise funding from investors in a round valuing the business at about $4 billion, according to people familiar with the matter.

A deal at that price would quadruple its value from January and would reflect the astronomical expectations investors have for the app. Clubhouse is barely a year old but has drawn appearances from some of the biggest names in business and Hollywood and inspired copycats from several of the world’s biggest social networks.