2 ms·
SoundCloud only became profitable recently by laying off about 30% of the staff. They never figured out how to make it work. I seriously doubt anyone is going
by pier25 3y ago
SoundCloud only became profitable recently by laying off about 30% of the staff. They never figured out how to make it work.
I seriously doubt anyone is going to buy it, even less for $1B which is the number that has been thrown around.
Of course the investors that put some $250M into it since 2017 or so want their ROI badly but who in their right mind would buy it?
Google, Meta, Spotify, etc could buy it without much effort but what would they get in return?