Soundcloud looses $44 milion
Off Topic
Don't think it will go under, they will ask for more investment, some investors will think its a good idea and they will get the money they need.
I posted it because its quite related to us.
When I read it it seamed to outline yet another service on the internet that is free because someone else is paying for it.
Investors put money into soundcloud so that they can grow and become a leading player in the space. The reason they can grow is because they can offer for free what someone needs to pay for.
So in our space when we think about running a site that makes money or is at least stable we think "money coming in needs to be less than money going out" but the big guy setup sooooo differently.
Amazon, soundcloud, youtube many others are all "give it away for free until we're big, then figure out if there's a way to make money".
Thought it was interesting in a "how do I make my community stable" kind of perspective.