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Didn't they get roped right into turntable.fm too?

I think a good chunk of the huge step down is when they made it US-only for licensing issues. I was an avid UK user until that time.

I don't know anyone who uses it in US. Must be a SV thing - who knows. Definitely not the trend I'd like to see though if I invested at that peak.

It could be worse, they could've invested in StickyBits...