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It's another modern tech company that hemorrhages money with no return. All they do is lose cash, but they're popular. Compare this to Bandcamp, which has a great UI, no bots, and generates revenue. Yet it's less popular by comparison.

Just take a look at this article from 3 years ago titled "SoundCloud is losing a lot of money — is an acquisition coming soon?": https://www.theverge.com/2017/1/8/14206830/soundcloud-possib...

Get big and cash out



Bandcamp is a great service, but I wouldn't say its a great product. I will get emails saying that an artist released a new album, but when i check my feed it doesn't show up. I have to go to that artist's page directly sometimes. The feed system is buggy, and that's an important part of a music app for discoverability. And the mobile app still doesn't allow me to save offline, last I checked, also important for a music app when streaming on the road.




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