Those average salaries are lol

IT was a good ride boys, now eat sh1t and die

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Soundcloud

Wonder what alternatives there are...I actually did like soundcloud and found it to be really useful for uploading and sharing my music.

Donald Trump should buy it, change the name to Trumpcloud, and change all the orange to gold.

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That would suck. I was able to release stuff thanks to SC and also find lots of great music from many people. Hopefully this doesn't occur.

quote:

Originally posted by tehlord Those average salaries are lol IT was a good ride boys, now eat sh1t and die

IT still is, it is just music that isn't .
Also considering Spotify and Beatport are not profitable (as far as I'm aware), this isn't really a shocker and I'd be surprised to see them disappear in before 2018

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quote:

If less is more think about how much more more would be. -Frasier

They also just reached an agreement with Universal, leaving Sony as the lone holdout among the big labels. So, my guess is that the sky isn't really falling, but that also doesn't bode well for all of us little guys who made SC what it is today.

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Where are they losing the money? Bandwith?

quote:

Originally posted by MSZ Where are they losing the money? Bandwith?

This article provides some explanation:

http://www.factmag.com/2016/02/11/f...ight-be-doomed/

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I still dont really understand it, whatever fuck this im out.

quote:

Originally posted by tehlord Those average salaries are lol IT was a good ride boys, now eat sh1t and die

That's the thing; the tech industry is like the English Premiership Football - it's all controlled by agents and recruiters who want silly money for any level of talent.

Some of the coders for even tiny startup companies are on salaries of $250K+plus points or equity. It boggles the mind considering there's an absolute glut of decent coders around the globe.

One very successful Tech CEO I know moved all of his coding to Romania and Hungary because the wages for coders in the USA has become so insane.

I remember when beatport was bought, the salary data came out and some coders who were little more than data entry were on $200k a year.

The problem is that with the "earning potential" of tech companies (Uber and Gilt are prime examples), they aren't run in the way a business should run. They spend like they're a successful company from day one (expensive staff, offices, expense accounts etc) even though they've made little to no money and just endlessly rely on finance hoping at some distant point in the future they can pivot it in to a big enough solvent business model to pay off the investors. It's bonkers.

Some of these companies are basically giant Ponzi schemes - they rely on later investment to pay off the earlier investors. I know a guy who has made millions of investing in startups that to this day have never made a penny, but becuase they keep getting investments his shares become worth more and more so he keeps chipping away at them and make a ton.

Back OT, I very much doubt that Soundcloud is going anywhere for the time being.

They basically need investment and they'll get it as there's no real competition or a platform that works as well so as long as UMG don't start meddling and fuck it right up, it will still be around until someone invents a better mousetrap.

spotify still haemorrhages money but at least it does something that alot people rely on. Soundcloud will either become monetized or sold. It is maelstrom of new companies and platforms and i don't think anyone can really see that far ahead.

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