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alex ljung


It’s been rumored for months that the financially struggling digital music service, SoundCloud, would be declaring bankruptcy and “closing their doors.” Great news of funding and a new executive team have come to save the day for the popular music platform. The boutique merchant bank, The Raine Group, and the Singapore-based investment company, Temasek, joined …

Trying to quash the rumors and speculation about Soundcloud’s future, Founder and CEO Alex Ljung posted the following statement yesterday on the Soundcloud blog: SoundCloud is here to stay. Hey everyone, There’s an insane amount of noise about SoundCloud in the world right now. And it’s just that, noise. The music you love on SoundCloud isn’t …