alex ljung

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At Burning Man while your startup burns

 There’s a difference between clearing your head, and ditching your dying startup to do drugs in the desert. If your ship is sailing smoothly, a vacation full of solitary introspection and artful inspiration could help you improve your decision-making. But if you’re using time off to escape your responsibilities rather than prepare to fulfill them, you’re endangering your… Read More

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SoundCloud faces do-or-die vote by investors

 SoundCloud will soon collapse if investors don’t vote for a rescue funding round tomorrow. The stumbling music streaming community site had to suddenly lay off 40% of its staff last month. Now it’s asking investors for $169.5 million at a pre-money enterprise valuation of just $150 million. That’s a steep drop from the $700 million valuation of its previous rounds. Read More

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