SoundCloud’s Valuation Has Dropped 75% In Less Than a Year

SoundCloud RIP? Last July, SoundCloud was ‘mulling a $1 billion offer.  Now, the company is willing to sell for $250 million. Is SoundCloud headed for a date with bankruptcy?  That’s looking like a distinct possibility, with buyers bailing and valuations plunging. Now, there’s this.  According to a record in Re/Code this morning, the streaming giant is […]

The post SoundCloud’s Valuation Has Dropped 75% In Less Than a Year appeared first on Digital Music News.

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