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Re:SoundCloud Raises $60 Million at $700 Million Valuation by vonklaus on Saturday January 25, 2014 @05:52PM (#7122884)
Having a cleaner more targeted platform goes a long way. The bandwith consumption is a lot less on mobile and content specific communities often provide a more-targeted user-centric experience. They are quite similar, but sometimes being a little different, a little more focused, and more niche can go a long way.

edit: I also do not think these services are mutually exclusive.

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