Gen Z is using Slack, TikTok, Clubhouse to break into venture capital

&gt;<i>This summer, three of the TikTok&#x27;s most popular stars, Josh Richards, Bryce Hall, and Griffin Johnson, decided to become angel investors.<p>The three influencers are part of a broader group of TikTok celebrities called the Sway House and have attracted a fair share of scandal and controversy, including for throwing a large, unmasked party during the pandemic. But tech founders have mostly welcomed them with open arms.</i><p>Honestly what this reminded me of is the paper on Veblerian entrepreneurship[1]. People like this might have their finger on the pulse when it comes to entertainment content, or social media, but I have no idea how they&#x27;re supposed to make informed technological decisions in the more narrow sense of the term. Venture capital seems to be more and more invested in entertainment, lifestyle, and content creation rather than deep technological and material innovation.<p>[1]<a href="https:&#x2F;&#x2F;papers.ssrn.com&#x2F;sol3&#x2F;papers.cfm?abstract_id=3479042" rel="nofollow">https:&#x2F;&#x2F;papers.ssrn.com&#x2F;sol3&#x2F;papers.cfm?abstract_id=3479042</a>

I joined one of these Slack groups out of curiosity. They had 700 members, and as far as I could tell not a single one of the people active in the discussions was involved with a VC.<p>A lot of hustle, but it felt like activity was dominated by people with more free time than actual VC work.<p>Unfortunately, I worry that eager VC firms are going to use this to their advantage. Plenty of young people hoping to get rich quick in the VC world will do a lot of free work in the hopes of securing a job later.

Where did Clubhouse come from? People have railed against JIRA and some other antiquated project management software for as long as I remember, but it feels like the choices were Trello, Basecamp, and recently I know Asana is very large (though I didn&#x27;t see it&#x27;s rise) -- is Clubhouse the Slack to the other companies&#x27; HipChats?

Seems to be paywalled.