Music streaming service SoundCloud's second Co-founder and CPO Eric Wahlforss announced he will be "stepping back from day-to-day operations" after over 11 years to "take a break...think about what's next". Wahlforss said he will transition into an advisory role effective March 1. Earlier in 2017, SoundCloud Co-founder and then CEO Alexander Ljung had stepped down from his role as CEO.