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March 24, 2017 09:01 am -04

SoundCloud borrows $70 million to keep going

When a startup is in the ascendancy, there's a near-endless line of investors ready to back it in the hope of future returns. When that road to success gets riskier, the investors dry up and the business has to run to the bank because it's the only p...

Original Link: https://www.engadget.com/2017/03/24/soundcloud-borrows-70-million-to-keep-going/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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