[15charlimit]

"Soundcloud is fine and will be around for years, stop backing up all of the music".

Didn't the CEO say something along those lines ~2 weeks ago when they forced the archive.org folks to stop pulling down a backup copy of everything? Funny how quickly that was proven to be BS.

Not that anyone should be surprised by this outcome.

[mathattack]

Reminds me of the financial crisis when banks that were losing billions would claim to be "Awash with liquidity." Once the CEOs admit weakness, the sharks circle tighter.

[HNNoLikey]

Two years ago, folks still said they'd close shop.

https://news.ycombinator.com/item?id=11079864