I have a strong belief in heartis.at as the new soundcloud and baboom.com as the real marketplace (which disrupts the industry).
SoundCloud could be forced to close after $44m losses
81–90 of 348 posts
Re: SoundCloud could be forced to close after $44m losses
#82Earlier quoted context omitted.
have you ever paid a cent to soundcloud?
I'm a voice actor, and soundcloud has been vital to me. I've been a paying customer for years.
Re: SoundCloud could be forced to close after $44m losses
#83They raised $77M USD last year. The auditor's statement is just standard boilerplate for a company that's losing money. Given the involvement of big investors, it seems extremely unlikely that SoundCloud would shut down rather than raise another round or get acquired.
Re: SoundCloud could be forced to close after $44m losses
#84Re: SoundCloud could be forced to close after $44m losses
#85Earlier quoted context omitted.
Reposts? They are currently my #1 annoyance on soundcloud. I'm following 300+ artists and they increased my stream's size by at least 4x. It's not about "finding, sharing and curating" but to spam your stream with duplicate tracks. Imagine an artist reposting his own tracks. Then his network does. As does his label. And his friend. And then all of them repost a playlist with this track on it. Yay! Please give us an o…
Agreed, and the solution is painfully obvious: Show the item once in the feed and just let me know that "DJ Joe Doe, Awesome Records, [guy who is in my network] and 27 other people reposted this." Come to think about it, isn't that how most other social feeds handle this problem?
But honestly, the complete lack of stream customization is just sad for $1B startup that has been in the game since 2007.
Re: SoundCloud could be forced to close after $44m losses
#86I've been a daily soundcloud user for almost 6 years. At some point they gave up on trying to change or improve the user experience. Soundcloud has done nothing to facilitate the growth of users who focus on reposting/finding/sharing/curating content, vs. content creators who upload their own music. There is no way to gain a following or reputation as someone who reposts content on soundcloud -- and even if you have…
Reposts? They are currently my #1 annoyance on soundcloud. I'm following 300+ artists and they increased my stream's size by at least 4x. It's not about "finding, sharing and curating" but to spam your stream with duplicate tracks. Imagine an artist reposting his own tracks. Then his network does. As does his label. And his friend. And then all of them repost a playlist with this track on it. Yay! Please give us an o…
Re: SoundCloud could be forced to close after $44m losses
#87While SoundCloud brought in €17.35m ($15.37m) in 2014, it lost a total of €39.14m ($44.19m). Employee wages during that period also increased 42.5% to €17.9m, meaning that the average wage per employee for that year totalled €79,980 Seems like a pretty generous wage increase for a company in the red.
Especially given that good talent here in Berlin is much much cheaper. 80k/year scores you some superstar devs, while that's probably the peanuts some out-of-school pre-puberal intern would earn at a Valley startup. What's really expensive here is management people and the way German hire the mid-level management is broken most of the time. I don't know if it's a German thing or a global corporate thing, but I've per…
So the actual paycheck would be around 60k. I think that's pretty ok for Berlin?
Having worked in both, Germany and Silicon Valley, I'd say that the middle management hiring is certainly a bigger problem in Germany than I've seen on either the east or west coast in the US.
Re: SoundCloud could be forced to close after $44m losses
#88> While SoundCloud brought in €17.35m ($15.37m) in 2014, it lost a total of €39.14m ($44.19m). Employee wages during that period also increased 42.5% to €17.9m, meaning that the average wage per employee for that year totalled €79,980. Wow, that is ridiculously high, especially so for Berlin.
edit: grammar
Re: SoundCloud could be forced to close after $44m losses
#89Also, I can't save a collection of favorite tracks in any meaningful way. I can favorite them, but they quickly get lost in the mobile UI if I do too much of that. I end up relying on global search every time I want to revisit a song or artist.
Overall it seems like UX hasn't been a top priority for them.
Re: SoundCloud could be forced to close after $44m losses
#90Apart from that; yeah, it is the Flickr of music -- promising at first, but then a whole lot of non-evolution of the site.