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Soundcloud saved thanks to new financiers

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Soundcloud founder Alex Ljung and Eric Wahlforss fought at the brink of the ruin. But now the company thanks to new financiers managed to reverse the crisis. Revenues and users are increasing steadily for the company less than a year after the $170m financial rescue, writes Financial Times.

KTH student Alex Ljung and his friend, Eric Walforss, founded Soundcloud back in Sweden 2007. Last summer, when the company was close to bankruptcy, nearly half of the staff were sacked and they closed there officed in London and San Francisco.

Two new financiers, Raine Group in the United States and Temasek in Singapore, put in around $170m who got the boat in float condition again. Now Soundcloud’s CEO Kerry Trainor states in the Financial Times that the company turned the crisis. The number of paying users is increasing and during a few months in 2017, the company show a positive result.

Soundcloud is not aiming to become the new Spotify according to Kerry Trainor.

“Artists were always SoundCloud’s core value, and that is how we need to measure its success,” he says. “How many people are starting their careers on SoundCloud? What SoundCloud needs to prove is it can be the most-used stepping stone between obscurity and stardom.”

Says Trainor in the Financial Times.

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A$AP Rocky attacked by immigrants in the middle of Stockholm, Sweden

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The Swedish mainstream media is trying to burry this story, deep. All the blame is pointed on A$AP Rocky and his entourage at the moment. There is several mobile clips circulating about the incident, but media is only willing to show one short clip of A$AP throwing a man on the ground. But what is the whole story?

A$AP Rocky must have got himself a big surprise while walking around in what he thought was a safe city. Stockholm, who the last five years been world known for its infamous rape crimes is not the city it used to be. Problems with illegal young male immigrants mainly from Morocco and Afghanistan has been terrorizing the community for a long time. Something that A$AP Rocky got to experience first hand.

So what really happened? Well, most of the incident is documented and uploaded on A$AP Rocky’s own Instagram account. Why media just wont embed these movies actually exposes their own fake news agenda. The videos shows what happened very clear and that A$AP Rocky and his team tried to avoid a fight at any costs, and finally acting in self defense.

 

In this first video A$AP Rocky uploaded on Instagram you can see the two young men approaching the team in an aggressive and confrontative way. A$AP and his team tries to walk away and get rid of them but the terror wont stop.

The caption on the video says: “SO A FEW DRUG ADDICTS ARE NOT MY FANS, WE DONT KNOW THESE GUYS AND WE DIDNT WANT TROUBLE, THEY FOLLOWED US FOR 4 BLOCKS AND THEY WERE SLAPPING GIRLS BUTTS WHO PASSED, GIVE ME A BREAK”.

 

 

Visa det här inlägget på Instagram

 

Ett inlägg delat av PRETTY FLACKO (@asaprocky)

In this clip the two men gets really violent and throw there mobile phone in the security guards face. In the end of the move, a young woman is approaching A$AP and his team and tells them these guys have been out and fighting with people all day and even grouping girls.

But the story does not end here. Right after A$AP Rocky’s performance in Stockholm he was arrested for battery by the Swedish police force late this night. Now the artist have to cancel his concert in Oslo, Norway. “The whole team is in custody”, says the judge in this case Fredrik Karlsson. According to Swedish law, they can be in custody for several days.

**TEXT IS UPDATING**

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Celebrities respond to Nipsey Hussle’s death

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Rapper Nipsey Hussle’s was shot in Los Angeles on Sunday night outside his Marathon Clothing store and later died in hospital.

Now friends and celebrities pay their respects on Instagram.

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Dumb, Dumber, Ariana Grande…

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Ariana Grande posted an image on Instagram (that was later deleted) showcasing her latest misspelt Japanese tattoo that has been an internet laughing stuff, saying “small charcoal barbecue” instead of “7 Rings”.

Now the popstar claims to have “fixed” the mistake. Now the tattoo reportedly reads “Japanese BBQ finger”.

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