Wahlforss gives an interview to The Talks. He discusses whether SoundCloud is a profitable business, what drew him to Berlin, and how he got start up funding.
We were trying to raise money. At the end of 2008, you had this real estate crisis in the US and no one really wanted to invest in us. People even said, “I know that what you are doing could somehow make sense but we don’t want to take on any risks.” So, it was really tough there for a while. We didn’t pay salaries for a long time. Luckily Berlin is so cheap that you can survive on almost nothing.