Entrata Chairman David Bateman Resigns Hours After Sending Anti-Semitic Vaccine Conspiracy Email

Utah-based startup Entrata, valued in 2021 at more than $1 billion, abruptly cut ties with co-founder and former CEO Dave Bateman.

Startup Entrata cut ties with its co-founder and former CEO hours after he sent an inflammatory email sharing an anti-Semitic vaccine conspiracy theory with a group of Utah tech leaders and politicians.

David “Dave” Bateman, who co-founded the Utah-based property management software company in 2003 and stepped down as CEO last year as the company raised more than $500 million from private investors, has emailed a group that includes some of its top managers. Utah tech executives, investors, and other public figures — including its governor, Spencer Cox, have called on them to “stop the vaccination campaign” due to a baseless conspiracy theory blaming Jews for “ongoing sadistic efforts to euthanize the American people.”

Email reviewed by ForbesSent at 4.59 AM by Bateman, who has lived in Puerto Rico for the past several years. By late this morning in Utah, she had received several responses denouncing her contents to more than 50 other recipients of the thread. The CEO of Entrata issued a statement denouncing the remarks in the late afternoon; Just after 6 p.m. EST (4 p.m. Utah time), the company announced that it had cut ties with Bateman.

Today, Entrata’s board of directors asked Dave Bateman to resign from the company’s board of directors, including his position as chairman. Dave has agreed and is no longer a member of Entrata’s Board of Directors, effective immediately,” CEO Adam Edmonds chirp in the current situation.

“I am writing this email knowing that many of you will think I am crazy after reading it,” Bateman wrote in the first sentence of the email. From there, the entrepreneur claimed, without any basis, that “for 300 years Jews have been trying to infiltrate the Catholic Church and secretly put a Jew on top,” and that such an effort had succeeded with the inauguration of Pope Francis. The email also made unsubstantiated claims that both Covid and its vaccines will deliberately destroy people’s immune systems. “I believe that the epidemic and the systematic extermination of billions of people will lead to an effort to unite all countries in the world under one flag with totalitarian rule,” Bateman wrote. The email shared other unfounded conspiracy theories about the effects of the vaccine, adding that “everything is expertly censored,” even as the email contained links to sites making similar claims.

Pittman did not respond to a request for comment. But in text messages sent to local Salt Lake City subsidiary Fox, he doubled down on the email’s claims, while adding that he had “no intention of making a big fuss” — despite the email being sent to recipients such as billionaire Utah Jazz owner and co-founder. For Qualtrics Ryan Smith, Vivint founder Todd Pedersen, aide to Senator Mitt Romney and current Utah governor.

The email received shocking responses from some recipients, he noted Forbes, including Overstock CEO Jonathan Johnson, who said Forbes In a separate email he wanted, “It has nothing to do with [Bateman’s] Conspiracy theories “and that his email does not represent my views in any way.” “Overstock has encouraged its employees to get vaccinated, including by giving paid time off to do so; I would email the company every time I had a vaccination, with a photo,” Johnson said. “We have made employee health and safety our top priority during the pandemic. “

Batman, who largely booted Entrata for 18 years before raising $507 million with a valuation of more than $1 billion in July 2021, cited health issues at the time of his move to Puerto Rico. But according to several sources, Bateman was already somewhat of a shunned Utah tech dignitary before his email exploded. In February 2019, while still CEO of Entrata, Bateman apologized after he made sexist remarks on stage at the Silicon Slopes Tech Summit. In 2020, a series of tweets containing allegations about founder Nicola Trevor Melton led to lawsuits. Batman, who has also attempted to exert influence in Utah’s Republican Party politics in recent years, was subsequently suspended from Twitter.

Now Batman, who was already a part-time influencer at Entrata prior to Tuesday, has put his company’s future in even greater doubt, even as revenue is expected to top $200 million for 2021 with growth of nearly 30% and EBITDA margins of 15%, in July 2021. Expectations – Numbers that should have made the company consider a potential initial public offering, not a PR crisis.

While Bateman is no longer active with Entrata, he remains its largest shareholder except for a private sale. New investor Silver Lake said in a statement, “His email does not reflect our views in any way. We strongly condemn anti-Semitism and hate in all its forms.” Smith, a personal investor in the business, chirp Tuesday that “this email crossed lines that should never cross. There is no room for discrimination of any kind, anywhere, whatsoever.”

At the Anti-Defamation League, CEO Jonathan Greenblatt said the group appreciates the swift action Entrata took to remove one of its founders. Now the hard work of Bateman begins. chirp. “Hopefully, he’s ready to engage in a process of self-reflection and learning.”

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