Archive | Alex Ljung

SoundCloud approves investment to stay afloat, ushers in new CEO

Rest assured, Soundcloud’s been saved— and the company’s in good hands. Follow the reassurance the company was going to stay afloat just last week thanks to two “angel investors,” since confirmed to be The Raine Group and Temasek Holdings, the company’s at last secured its last round of investments following an approval by its board.The Raine Group, a […]

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SoundCloud’s new investors want to replace its current CEO

The uncertainty that enveloped SoundCloud’s fate mostly diminished last week once reports surfaced that the music streaming service was salvaged by two “angel investors.” The winged investors have since been confirmed to be The Raine Group and Temasek Holdings, two respective entities in the platform’s purchase.Seated atop a controlling stake in SoundCloud’s equity thanks to […]

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