Perhaps I’m blind, ignorant & dumb (always a possibility) but honestly I don’t see how Twitter assimilating/acquiring SoundCloud would be a good thing.
“If the deal goes forward, and that’s by no means a certainty, it would likely be Twitter’s most expensive acquisition by some margin. Earlier this year, SoundCloud announced a $60 million funding round that valued the company at $700 million. Last fall, as Twitter was preparing to go public, it acquired mobile ad company MoPub in a deal that valued that company above $300 million. (via Re/code)”
Yes, I understand that the Twitterverse is abuzz about music, but aside from reaching the half billion mark I fail to see how acquiring SoundCloud will compliment the micro blogging company (at least in the long term).
Either way I suspect Mark Zuckerburg is taking a second look at SoundCloud & will attempt to convince the audiophile lords to join the Facebook Federation as an independent republic.
