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BeachMint Board Ousts Founders, Company Returns $20 Million to Investors

BeachMint Screen Shot | Source: BeachMint
By
  • Emma Clark

"The long, slow unraveling of Los Angeles e-commerce startup BeachMint appears to have come to an end. Multiple sources with knowledge of the situation tell PandoDaily that the company’s co-founders, CEO Josh Berman and President Diego Berdakin, have been removed by its board of directors. Additionally, we’ve been told that $20 million will be returned to investors."

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