SoundCloud is in deep trouble

But as security ominously filed into SoundCloud’s meeting rooms at its offices around the world during the all-hands video conference broadcast from its Berlin headquarters, the startup’s staff discovered they wouldn’t be getting the answers they wanted. Instead, sources at SoundCloud tell TechCrunch that founders Alex Ljung and Eric Wahlforss confessed the layoffs only saved the company enough money to have runway “until Q4” — which begins in just 50 days.

Under the current climate, I don’t see how SoundCloud can stay alive.

  • pietropizzi

    Don’t take things that TechCrunch writes about at face value. That article is 90% made up gossip and a disgrace even for TechCrunch.

  • Obsidian71

    I’m saddened that no one wants to acquire Soundcloud. It had so much potential

  • George3C

    Really sorry about SoundCloud, have used it daily for years. Is TechCruncy reliable?

    • abdoradus

      Well, at least the layoffs are real.