Re: Soundcloud about to colapse
this is their response [URL="https://www.residentadvisor.net/news.aspx?id=39513"]RA News: SoundCloud denies it's running out of money, claims it's 'confident' about profitability[/URL]
but lets look at this logistically, they increased their user base by forcing people to log into the site to download stuff which means they also increased their out take of money in streaming as the site became more popular and also at the same time they did that thing with the dj mixes where they forced it's users to not allow downloads if they wanted them to host their work, pretty dumb imo, it would probably cost them less if they just let people download rather than stream
in 2015 they lost something like 50 M, last year twitter invested 70 M but the above ^ happened and they also introduced soundcloud go which is probably hemorrhaging as much money as spotify is