On it, Michael Carney accounts one Beachmint, a high profile endorsed age-trade startup who’s raised $73.5 billion, has flopped. Especially, Carney produces your panel ousted Josh Berman and you will Diego Berdakin, the business’s co-founders, using their ranking as Chief executive officer and President, respectively.
I republished the news for the Providers Insider after reaching out to Beachmint having review. Just after we authored, i heard right back regarding Diego Berdakin, the business’s allegedly ousted chairman.
Berdakin states his business possess over $20 mil kept on the bank. There’s no board appointment otherwise discussion you to concluded into the a good choice to help you oust your. He states their business is doing “really well” with over “50% year more than season increases” rather than good “unmarried quarter off down development in 2012” (note: that doesn’t mean Beachmint isn’t consuming cash or that it’s even necessarily in good shape).
Berdakin has been known to extend the truth about how good his business is starting prior to now. Continue reading “Beachmint President: PandoDaily Is Wrong, I am not Fired, And you will I am not Providing Any money Returning to People”