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SoundCloud raises $75M from SiriusXM

techcrunch.com

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Re: SoundCloud raises $75M from SiriusXM

#12

Wait, what? I’m already surprised SiriusXM is still somehow around, let alone that they have $75 million to invest in another company and not that they’re taking $75 million to stay afloat...

SiriusXM has no competition in the satellite radio space as far as I know.

Re: SoundCloud raises $75M from SiriusXM

#13
post #6

I stopped liking soundcloud when I realized that 99.999999% of my followers are bots. I dont need a bunch of followers that mean nothing. I would rather have 0 than 100 fake followers. I also realized that at my production rate, its cheaper to just use Distrokid and throw things out on iTunes than to hope for discovery on soundcloud. Now I just use sound cloud to distribute examples of hardware mods or how a piece of…

What is wrong with bot followers? Is it like fb where you would be paying to promote your content to fake users?

Re: SoundCloud raises $75M from SiriusXM

#15

Wait, what? I’m already surprised SiriusXM is still somehow around, let alone that they have $75 million to invest in another company and not that they’re taking $75 million to stay afloat...

The market cap of SirusXM is almost $32bn, roughly $5bn more than Spotify.

Re: SoundCloud raises $75M from SiriusXM

#16
post #12

Wait, what? I’m already surprised SiriusXM is still somehow around, let alone that they have $75 million to invest in another company and not that they’re taking $75 million to stay afloat...

SiriusXM has no competition in the satellite radio space as far as I know.

US and Canada only.. sigh

Re: SoundCloud raises $75M from SiriusXM

#17
post #12

Wait, what? I’m already surprised SiriusXM is still somehow around, let alone that they have $75 million to invest in another company and not that they’re taking $75 million to stay afloat...

SiriusXM has no competition in the satellite radio space as far as I know.

Don't they have some kind of deal with auto manufacturers, putting their system into every car coming off the line?

Re: SoundCloud raises $75M from SiriusXM

#18
post #6

I stopped liking soundcloud when I realized that 99.999999% of my followers are bots. I dont need a bunch of followers that mean nothing. I would rather have 0 than 100 fake followers. I also realized that at my production rate, its cheaper to just use Distrokid and throw things out on iTunes than to hope for discovery on soundcloud. Now I just use sound cloud to distribute examples of hardware mods or how a piece of…

I am interested in what are the benefits of following people, since (by your definition) bots are following random people, there must be an incentive for it.
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