Suddenly, all of your favorite rappers are discussing things on the invitation-only audio-chat social network Clubhouse.
Master P bemoaned the fact that something so popular with the culture wasn't created or owned by those in the culture, especially since he just started his own chat app.
"I also started this Master Chat. It's all about being about chat without people knowing. We going on Clubhouse. Talking about Clubhouse. I tell people if they go on Clubhouse they make another one of them a billionaire. We just did it. Just with Clubhouse. We need to create stuff like that to where we control the narrative and were able to money back into our community and out culture. You know, if one of use did that we would be saying, 'nah, I don't think that's going to work. Why would you call it Clubhouse, it's not a club,' we come up with all these different type of excuses. Right? Nobody cared, everybody went onto Clubhouse, blew this up. You know this guy went to the bank, got whatever he wants. He's gonna take that company public. We not thinking like that. The only way we're going to be successful is we're going to have to start taking companies public. That's the way you build wealth. And we creating so much wealth for them," Master P said.
As of December, Clubhouse's valuation was $100 million. Not a billion, but pretty good considering it launched in May.
In addition to Master Chat, P also recently partnered with a former Tesla engineer to form Trion Supercars, which would be the first Black-owned supercar manufacturer in the U.S.
Engineering a supercar is a lot more complicated than making a chat app, so don't say P isn't aiming big.