UPDATE: Chance The Rapper drops new song on SoundCloud, says it’s “here to stay”
Rumors have been swirling around music hosting service SoundCloud for weeks now, ever since the company announced a heavy load of layoffs that slashed its workforce nearly in half. Yesterday, the company was forced to combat rumors and reports that its operating capital was running low (which, true or not, will likely be damaging to its reputation going forward). Luckily for the company, though, it still has a champion in its corner: Chance The Rapper.
The rapper, philanthropist, Emmy nominee, and general get-shit-done-er tweeted yesterday that he was “working on the SoundCloud thing.” Today, he informed his legion of fans that he’d just had “a very fruitful call” with company co-founder Alex Ljung, declaring that “SoundCloud is here to stay.”