Twitter puts $70 Million in Soundclound

make-money-on-twitter

Twitter was in talks to buy SoundCloud for $700 million in 2014 but ultimately walked away from the table. Twitter CEO Jack Dorsey confirmed that Twitter now owns a stake in SoundCloud in a statement. “Earlier this year we made an investment in SoundCloud through Twitter Ventures to help support some of our efforts with creators,” he said. “They’ve been great partners of ours over the years and their community-supported approach mirrors ours in many ways.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s