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I find it hard to believe if faced with the choice of letting SoundClound shut down or paying $5 a month, that the SoundCloud community would not be willing to
by nodesocket 9y ago
I find it hard to believe if faced with the choice of letting SoundClound shut down or paying $5 a month, that the SoundCloud community would not be willing to pony up $5 a month. If that is true, that is super pathetic.
- 2bitencryption 9y agothe "soundcloud community" is really the 2% of users who are heavily active, involved, and attract the other 98% of users who consume the community's output. I'm sure the "community" would happily pay for the service. but the other 98% probably would not, because they just want to consume content with the least friction. payment is friction, even a $0.05 payment. so they follow the path of least friction and go somewhere else, some other site that is currently in the early funding rounds, providing service for free to ramp up as quickly as possible. then, in three years, their investors will demand they monetize... rinse and repeat.
- gamache 9y agoThe thing is, SoundCloud took so much VC money that making a modest profit is no longer an option. The investors won't back off until they get their 10x payout or SoundCloud dies trying. I hate it when this happens.