SoundCloud ‘may run out of cash this year’ as it posts €51m loss

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SoundCloud’s losses grew faster than its revenues in 2015 – with the company now admitting that, should its subscription service flop, its funding may run dry this year. Despite these worries, it’s still a lucrative place to work. SoundCloud’s headcount grew by 25% in 2015, up from 236 to 295 people. read more at musicbusinessworldwide.com

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