If you’ve been hanging out on social media the past couple of weeks, you’ve probably heard a new buzzword: Clubhouse. This new platform lets people chat in real time, share stories, collaborate, and bounce ideas off of each other using their voice without the need for a lot of other equipment.

It takes the “media” feel right out of social media and leaves us with what we’ve always loved (and missed) about social media—the social aspects.

But what really sets Clubhouse apart is the exclusivity. While we tend to measure a social media platform’s success through the number of active members logging in and using that platform every day, Clubhouse has been seeing success as Silicon Valley’s social hot spot. The limitations on invitations have only fueled its appeal among entrepreneurs and business elites.