TikTok and YouTube Face New Competition With Clash App

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

TikTok and YouTube Face New Competition With Clash App

Before there was TikTok, the long since defunct Vine was the short social media platform. Now one of Vine's founders and one of its creators are pushing to build a new video app to help creators make money easier than they can on TikTok or any of the other crowded social media apps.

Clash rolled out new features on Tuesday that let anyone make money from videos regardless of follower count – the strategy is a direct response to companies like Instagram and YouTube, where creators have to be "verified" to earn any form of cash.

The startup is the result of two companies merging. Byte, created by Vine founder Dom Hofmann and billed as a sequel to Vine, was acquired by Clash CEO and co-founder, Brendon McNerney, former Vine content creator and creative director at NeoReach. Clash debuted last summer.

But, it relaunched this week with new features that gives creators the ability to shoot and edit videos in-app, share their content and earn.

Clash CEO and co-founder Brendon McNerney

McNerney wanted to create an app that gave creators the ability to make cash on social media without brand deals.

"I was still getting text messages from friends every weekend like hey I need another brand deal, I can't pay rent this week," McNerney told dot.LA. "I wanted to build something you know as a former creator, that was inherently easy and fun for creators to use, and also receive support directly from their audience."

Clash is entering a crowded market where social media companies apps like TikTok, Facebook and Snapchat are in need of content and luring creators with dollars.

But unlike most platforms that service the top 2% of creators, Clash was created with the small creator in mind.

"Part of that was rebuilding byte with the latest and greatest creative tools, but also making sure that it was really easy to share and earn," COO Justice Tention told dot.LA.

A key feature of the app includes "drops," which are digital goods that can be sent to creators from their fan base to show their appreciation and support (virtual tip-jar).

Once a creator earns 2,500 "drops," equivalent to $25 USD, the creator can then cash out using PayPal or Venmo at the end of each month.

"We see a lot of creators on TikTok and Instagram putting Venmo or PayPal links in their bio, asking for money and so we wanted to just go with what creators were using." Tention said.

For now, Clash will not take a cut from the creators, but that may change in the future. The app is free and available in the Apple App and Google Play store.

The company has $9 million in venture funding raised so far, backed by Reddit co-founder Alexis Ohanian's firm Seven Seven Six along with M13, Plug and Play Tech, and ACME Capital.

Correction: An earlier version stated that the app was available on Google Play. Clash won't be available on Google Play for a few weeks.

Subscribe to our newsletter to catch every headline.


Behind Her Empire: Lisa Sequino on the ‘Light Bulb’ Moment That Launched JLo Beauty

Yasmin Nouri

Yasmin is the host of the "Behind Her Empire" podcast, focused on highlighting self-made women leaders and entrepreneurs and how they tackle their career, money, family and life.

Each episode covers their unique hero's journey and what it really takes to build an empire with key lessons learned along the way. The goal of the series is to empower you to see what's possible & inspire you to create financial freedom in your own life.

Behind Her Empire: Lisa Sequino on the ‘Light Bulb’ Moment That Launched JLo Beauty
Lisa Sequino

On this episode of Behind Her Empire, JLo Beauty Co-founder and CEO Lisa Sequino discusses how she transitioned from her corporate career to a more entrepreneurial path.

Read moreShow less

EXCLUSIVE: Fisker CEO Isn't Worried About Tesla Competition

David Shultz

David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.

A Fisker electric vehicle.​
Courtesy of Fisker

Last week in the dot.LA newsletter I wrote about Tesla’s decision to slash prices by as much as 20% on their vehicles and how the decision might impact Southern California’s EV startups. I called the price cuts a “tough pill to swallow” for Fisker in particular since they would make many of Tesla’s price points more competitive with Fisker’s first production model, The Ocean.

The Ocean is currently undergoing homologation, but Henrik Fisker, the company’s CEO, confirmed to dot.LA that the company hopes the process to be completed at the end of February. From there, it could take several weeks to ship the SUVs from Austria to the United States.

Read moreShow less