Blog: Idolator

SpiralFrog—the ad-supported music service that turned into pattes de grenouilles last week—blew through more than $34 million dollars during its threeish-year run, according to a letter sent to investors saying that they wouldn't be seeing any money because of a loan exceeding that amount that has to be paid back to people who were smart enough to demand that the loans they doled out be deemed "secured." Man, all that money, and they couldn't even hire one person who would have the smarts to say "hey, this is kind of a dumb name that will probably cause us [...]