BeachMint Founder, President, And Investor Rebuke Report About The Startup's Implosion

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http://techcrunch.com – This morning, PandoDaily reported that Los Angeles-based eCommerce startup, BeachMint, had finally tanked after a long, “slow unraveling.” The problem, however, is that this doesn’t exactly mesh with reality. The reporter, Michael Carney, says that “multiple sources” informed him that the startup’s board had essentially fired CEO Josh Berman and President Diego Berdakin, and, on top of that, had asked them to return their remaining $20 million (of the $73.5 million total) to their investors. Were that the case, it would be a clear indication of BeachMint&#8 (IT news)