Tag: Financials

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SoundCloud Has Just 50 Days to Live, Financial Report Shows

The countdown for SoundCloud’s final days has begun: 50, 49, 48, 47, 46… Earlier this year, SoundCloud’s co-founder and CEO Alexander Ljung shocked investors and employees with a jaw-dropping statement.  He told investors, “SoundCloud may run out of cash earlier than December 31, 2017… These matters give rise to a material uncertainty about the Group’s […] The post SoundCloud Has Just 50 Days to Live, Financial Report Shows appeared first on Digital Music News. ...

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