2016/02/13 16:17:47
tom1
Bapu:
they lost $44M but it's indicative of strong growth.
 
 
more of the insanity;
companies lose money, then borrow and buy back their own stock and keep the insanity going a few more months.
2016/02/14 08:34:54
BobF
bapu
They lost $44M but were willing to posit
==========================
 
In a statement given to FACT, SoundCloud said that the figures “reflect those of a company in a strong growth stage,” which still has “over 18 million creators are using the platform, sharing well over 110 million tracks, and reaching 175 million monthly active listeners.”
 
==============================
 
So they have a lot of files and they lost $44M but it's indicative of strong growth.
 
ROTFLMAO+LSHMCOMN=LOL




A lot of endeavors fail once "somebody else's money" runs out.
2016/02/14 16:11:25
jbow
I just hope Apple doesn't buy it and make it iSound-cloud. Then it will be impossible to figure out how to use it. You won't be able to get there without going somewhere else first. Maybe Drop Box will buy it and make it easy to move files between the two. That might be nice, but I'm with R3V3RB... I don't know how this stuff works. I just like to push buttons and turn knobs. I think it is a way I can create! LOL. (Apologies to Frank)
J
2016/02/14 17:58:37
slartabartfast
BobF
 
A lot of endeavors fail once "somebody else's money" runs out.




Well said.

2016/02/14 18:49:19
craigb
Well, he made off with a lot didn't he? 
2016/02/15 03:26:32
TerraSin
Soundcloud needs to come up with a business plan. Right now they only have two money making options: Pro and Pro Unlimited, both which are overpriced IMO.
 
What they should do it make a single Soundcloud Pro option at $5 month while getting rid of Pro Unlimited and code in a way to sell multi-format music much like bandcamp does so people can buy the tracks directly from Soundcloud and take a smaller 10% commission on it. Have it setup so that only people who have Soundcloud Pro can sell music on their service so they make their $5 guaranteed and then 10% of sales on top of that which is more than fair seeing as sites like Bandcamp simply ask for 15% with no pro fees. You'll see a ton of people subscribe instantly because of the low price for being able to sell music on their site and use Soundcloud without the restrictions they have in place currently. With as many people as there are that use the site now, 40m would seem like nothing.
2016/02/15 07:34:43
jamesg1213
TerraSin
Soundcloud needs to come up with a business plan. Right now they only have two money making options: Pro and Pro Unlimited, both which are overpriced IMO.
 
What they should do it make a single Soundcloud Pro option at $5 month while getting rid of Pro Unlimited and code in a way to sell multi-format music much like bandcamp does so people can buy the tracks directly from Soundcloud and take a smaller 10% commission on it. Have it setup so that only people who have Soundcloud Pro can sell music on their service so they make their $5 guaranteed and then 10% of sales on top of that which is more than fair seeing as sites like Bandcamp simply ask for 15% with no pro fees. You'll see a ton of people subscribe instantly because of the low price for being able to sell music on their site and use Soundcloud without the restrictions they have in place currently. With as many people as there are that use the site now, 40m would seem like nothing.




Sounds like good sense to me.
 
I'd like them to ditch that awful scrolling 'waveform' and the attached comments/avatars, which are ludicrously small and impossible to read.
2016/02/15 08:05:42
kakku
About a month ago I also paid money to BE able to put Møre of my tunes there. I could have put Møre tunes on YouTube for free instead. Oh well it luckily wasn't Møre than a little bit of money.
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