Wednesday, July 3, 2013
Beachmint: We're Still Alive, Kicking, Despite Reports
Los Angeles-based BeachMint, headed by Josh Berman and Diego Berdakin, has a message to the Los Angeles technology community: the company is still alive, kicking, and has the full support of its investors. The message came after a report that BeachMint was returning $20M to its investors and had ousted its founders. According to BeachMint, the story is "not accurate", and that Berman and Berdakin remain 100% focused on the firm, and are fully backed by the company's board. BeachMint said that the firm has grown 40% year over year, in both sales and subscribers. The dispute on the report follows earlier jousting between PandoDaily and Beachmint on reporting and facts on the company. Beachmint, in a complaint, said that "nobody at BeachMint nor the Board of Directors was contacted to confirm or provide input on this story." For its part, PandoDaily said its sources included "six well-placed sources in the LA and Valley ecosystems" and Berdakin has a "history of not being completely straight with us."
Get More SocalTech Data
Try our two week free trial to find new tech customers, find high tech startups and jobs, find venture funding, and more!Learn More