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Proof of Publication PROOF OF PUBLICATION 21 ___________________________Feb-16, 20___ /͕ĚŐĂƌEŽďůĞƐĂůĂ͕ŝŶŵLJĐĂƉĂĐŝƚLJĂƐĂWƌŝŶĐŝƉĂůůĞƌŬŽĨƚŚĞWƵďůŝƐŚĞƌŽĨ Ă ĚĂŝůLJŶĞǁƐƉĂƉĞƌŽĨŐĞŶĞƌĂůĐŝƌĐƵůĂƚŝŽŶƉƌŝŶƚĞĚĂŶĚƉƵďůŝƐŚĞĚŝŶƚŚĞŝƚLJ͕ŽƵŶƚLJĂŶĚ^ƚĂƚĞŽĨEĞǁzŽƌŬ͕ ŚĞƌĞďLJĐĞƌƚŝĨLJƚŚĂƚƚŚĞĂĚǀĞƌƚŝƐĞŵĞŶƚĂŶŶĞdžĞĚŚĞƌĞƚŽǁĂƐƉƵďůŝƐŚĞĚŝŶƚŚĞĞĚŝƚŝŽŶƐŽĨ ŽŶƚŚĞĨŽůůŽǁŝŶŐĚĂƚĞŽƌĚĂƚĞƐ͕ƚŽǁŝƚŽŶ Feb 16, 2021, NYT & Natl, pg B3 ͺͺͺͺͺͺͺͺͺͺ ͺͺͺͺͺͺͺͺ ^ǁŽƌŶƚŽŵĞƚŚŝƐϭϲƚŚĚĂLJŽĨ &ĞďƌƵĂƌLJ͕ϮϬϮϭ ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ EŽƚĂƌLJWƵďůŝĐ C M Y K Nxxx,2021-02-16,B,003,Bs-4C,E1 THE NEW YORK TIMES BUSINESS TUESDAY, FEBRUARY 16, 2021 N B3 SOCIAL MEDIA Clubhouse Is Scrambling to Keep Up With Its Breakneck Growth FROM FIRST BUSINESS PAGE Clubhouse has a “blocking” fea- sentation in Bollywood and even ture to give users more control cosmic poetry. over their spaces. That has in turn “This is a major change in how sometimes created disputes the social internet works,” said about access, including with a Dave Morin, who founded the so- New York Times journalist. cial network Path more than a Kimberly Ellis, 48, an American decade ago and has invested in and Africana studies scholar at Clubhouse. “I believe it’s a new Carnegie Mellon University who chapter.” leads workshops on digital safety, Clubhouse’s trajectory has been said she had also been in Club- rapid — it had just a few thousand house rooms where people ap- users in May — even though the peared to dispense financial ad- app is invitation-only and not vice but were instead “doing mul- widely available. The invitations tilevel marketing.” are so coveted that they have been “Some want to coach you and listed on eBay for as much as $89. get money from you for their Media companies such as courses,” she said. Barstool Sports have also set up In Sunday’s Clubhouse discus- Clubhouse accounts, and at least sion, Mr. Davison said the com- one firm has said it plans to hire a pany has explicit rules against “senior Clubhouse executive.” spreading misinformation, hate The attention has overwhelmed speech, abuse and bullying. The the tiny San Francisco start-up, start-up said last year that it was which has around a dozen employ- adding advisers and safety fea- ees and was founded by two en- tures and empowering modera- trepreneurs, Paul Davison and tors. Rohan Seth. While Clubhouse Yet Clubhouse has also enabled raised more than $100 million in people living under strict censor- funding last month and was val- ship in countries such as China ued at $1 billion, it has struggled to and Turkey to speak freely about handle the surging traffic. On many topics. Some users said they Wednesday, the app crashed. Also, Facebook and Twitter are were hooked. working on similar products to Brielle Riche, 33, a brand strat- compete with it. egist in Los Angeles, said Club- Clubhouse is also contending house had opened up her world with rising complaints about har- since she started using it in No- vember. assment, misinformation and pri- ALVARO DOMINGUEZ vacy. In one incident last month, a “Clubhouse gives us the oppor- tunity to connect with strangers,” user promoted conspiracy theo- Clubhouse discussion on Sunday, day” podcast last month. Horowitz’s venture firm, An- nied by criticism that women and she said. “Only Clubhouse can get ries about the coronavirus vac- Mr. Davison said the company Last March, Mr. Davison and dreessen Horowitz, put $10 mil- people of color are frequent tar- you off TikTok.” cines and discouraged people was rushing to hire, build new fea- Mr. Seth started Clubhouse. They lion into Clubhouse, valuing it at gets of abuse and that discussions A week after Clubhouse an- from getting the shots, leading to tures and release an Android ver- added a way for multiple speakers $100 million. It had two employees involving anti-Semitism, homo- nounced its newest funding last harassment of a female doctor. sion of the app. to broadcast at once and allowed at the time. phobia, racism and misogyny are This month, German and Ital- “It’s just been crazy, we’ve had people to bounce between digital TikTok influencers, YouTube on the rise. month, Mr. Musk set off a frenzy ian regulators publicly questioned so many people joining,” he said. rooms as if they were going from stars and cast members of “The Porsha Belle, 32, a Clubhouse when he appeared on the app and whether Clubhouse’s data prac- Mr. Davison and Mr. Seth, who stage to stage at a music festival Bachelor” soon became active on influencer in Houston, said that interviewed Vlad Tenev, the chief tices complied with European both attended Stanford Univer- or business conference. To avoid the app. It also spawned its own after she spoke up about misogy- executive of the stock trading app data protection laws. And China sity, are repeat entrepreneurs. Mr. overwhelming their start-up, they stars, with some people on its ny on the app, people formed Robinhood. Mr. Musk has prom- blocked the app after political con- Davison created several social doled out invitations slowly. “suggested user list” amassing rooms to encourage one another ised to return to Clubhouse with versations popped up on it outside networking apps, including High- The app caught on as people more than one million followers. to report her account so she would Kanye West and has invited Presi- the country’s tight internet con- light, which allowed users to see sought new ways to connect with In December, Clubhouse unveiled be barred. Her account was sus- dent Vladimir V. Putin of Russia to trols. and message people nearby. Mr. one another in the pandemic. an invitation-only “creator pilot pended Feb 8.. the app. Clubhouse is following a classic Seth was a Google engineer and Some of its earliest users were Sil- program” to help so-called power She said she had tried appeal- A few days later, Mark Zucker- Silicon Valley start-up path that co-founded a company, Memry icon Valley venture capitalists users make money on the app. ing to the company, but found little berg, Facebook’s chief executive, social media companies like Twit- Labs, which built apps. Those such as Marc Andreessen and his “People are already building recourse. “My page is suspended turned up to chat about virtual ter, Snapchat and Facebook have start-ups were either bought or business partner Ben Horowitz, brands,” said Sheel Mohnot, 38, while the bullies get to roam free,” and augmented reality. Then also trod: viral growth followed by shut down. who introduced Clubhouse to founder of Better Tomorrow Ven- she said. China banned the app. the messy issues that come with In 2019, the two men — who had their networks. Oprah Winfrey, tures, who has 1.2 million follow- Rachelle Dooley, 40, a social me- On Sunday, 5,000 people — the it. It is the first American social met through tech circles in 2011 — MC Hammer and John Mayer ers on the app. “There’s all these dia manager in Austin, Texas, who maximum in a Clubhouse room — media company to break out in built a prototype podcasting app, joined. Clubhouse shows. Some of those is deaf, said she had been blocked attended a weekly “town hall” ses- years. The last global social net- Talkshow, which they called their “There’s this feeling of access shows I’ve seen are sponsored.” and kicked out of some Clubhouse sion with the founders. Mr. Da- working hit was TikTok, a Chi- “one last try.” But Talkshow felt that’s really hard to replicate,” (Mr. Davison and Mr. Seth have rooms. vison joined late because he had nese-owned app that catapulted too much like a formal broadcast, said Andy Annacone, an investor said the company plans to make “I can see it show up on the been in another room welcoming 15-second videos into the cultural so they decided to add a way for at TechNexus Venture Collabora- money through ticketed events, closed caption, people saying, Senator Tim Kaine, Democrat of discourse. people to spontaneously join the tive, which operates a fund that in- subscriptions and tipping, but will ‘Why is this deaf lady on an audio Virginia, to the app. Mr. Davison, 40, and Mr. Seth, conversation, Mr. Davison said in vested in Clubhouse. not sell ads.) app?’” she said. “I’d freeze and “We’re just trying to keep up,” 36, declined to be interviewed. In a an interview with the “Hello Mon- In May, Mr. Andreessen and Mr. The growth has been accompa- start crying.” Mr. Davison said. Dated as of February 10,2021 Claimsand SUBJECT LINE OF “HIGHPOINT - THIRD-PARTY RELEASE ELECTION” NOTICE IS HEREBY GIVEN TO ALL HOLDERS OF CLAIMS, Class Interests Status VotingRights AND A MESSAGE INDICATING THAT SUCH PARTY IN INTEREST DOES HOLDERSOFINTERESTS,ANDPARTIESININTERESTINTHE NotEntitledtoVote(Deemed NOTCONSENTTOANDWOULDLIKETOOPT OUTOFTHETHIRD-PARTY POTENTIALCHAPTER11CASESOFHIGHPOINTRESOURCES Class1 OtherSecuredClaims Unimpaired toAccept) RELEASE ON OR BEFORE MARCH 11, 2021, AT 5:00 P.M.PREVAILING CORPORATIONANDITSSUBSIDIARIESASFOLLOWS: NotEntitledtoVote EASTERNTIME. After Being Cut Off by Tech Giants, Class2 OtherPriorityClaims Unimpaired Assumption and Rejection of Executory Contracts and Subject: SummaryofPlanofReorganization,Information (DeemedtoAccept) RegardingKeyDates,andCertainOtherMatters. Unexpired Leases, Cure of Defaults, and Objections to Cure and Class3 RBLClaims Unimpaired NotEntitledtoVote Assumption. Please be advised that ArticleV of the Plan contains certain ToWhomItMayConcern, (DeemedtoAccept) provisionsrelatingtoExecutoryContractsandUnexpiredLeasesasfollows: OnFebruary10,2021,theanticipateddebtorsanddebtorsinpossession Class4 NotesClaims Impaired EntitledtoVote 1 A. Assumption and Rejection of Executory Contracts and Parler Found a Way Back
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