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Wednesday, June 08, 2011

Stumptown Coffee Releases a "Note from Duane" Regarding Rumored Sale

After several days of frenzied speculation among bloggers, Stumptown Coffee founder Duane Sorenson responded to the rumors of a sale with a letter on the company's website today. The letter begins:

“At a time when it’s difficult to find the financing to grow, run and operate a quality driven and sustainable business, I am pleased to announce that Stumptown has found an investor to help us offer opportunities and take care of our employees, farmers and customers like we’ve never been able to do before. I have been lucky enough to find an investor that will enable me to continue to run Stumptown and focus on the coffee."

To read the rest of the letter, click here.