Twitter’s Annual Report Reveals That Its $70 Million SoundCloud Investment Was a Bust
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- Category : Twitter
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Twitter had been in on-and-off talks to acquire SoundClound for years, but instead ended up investing $70 million into the music service as part of a $100 million round of funding back in June of 2016. However, SoundCloud ran out of money in early 2017 and wasn't able to raise any additional financing …