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| Jan 7, 2014 | Breakdown in progress: Fab narrows its European business down to only selling custom-made furniture | Big changes appear to continue to be afoot at highly valued U.S. e-commerce company Fab, which has recently been in the news pretty much exclusively when something negative happens (executives and co-founders jumping ship, lay-offs, more pi... |
| Oct 7, 2013 | After layoffs, Fab CEO Goldberg declines 2014 salary | The online retailer has shed 250 people, or 37% of its workforce, since July
(Updated to reflect comment from Fab)
For workers at online retailer Fab, these last few months must have been excruciating. Over 250 employees at the company were... |
| Aug 16, 2013 | Funding roundup - week ending 8/16/13 | Apsalar, Looker, StyleSeek, Arkami, Cyvera, Roombeats, AnsibleWork, Sosh and Fab all raised money
Seed Stage
Intuitive site search engine Swiftype raised $1.7 million in seed funding from Andreessen Horowitz Seed, NEA, Kleiner Perkins, and ... |
| Aug 12, 2013 | After Retrenching In Europe, Fab Raises Another $5M From ITOCHU Corp. In Series D Expansion, Aims For Japan JV By 2014 | The march into Asia continues for Fab, the online design retailer that raised $150 million in Series D funding in June. Today, the company announced a further $5 million extension to that round from ITOCHU Corp., a general trading company w... |
| Aug 12, 2013 | Fab adds $5M from Japan’s Itochu, months after closing $150M | Fab is getting a little extra boost from Japan.
The e-commerce company announced today that it has raised an additional $5 million from the Itochu Corporation.
Fast-moving Fab is valued at over $1 billion. It raised a $150 million round in ... |
| Aug 12, 2013 | Fab adds $5M from Japan’s Itochu, months after closing $150M | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Fab is getting a little extra boost from Japan.
T... |
| Aug 2, 2013 | Funding Roundup - week ending 8/2/13 | Tidemark, Synack, Fab, Albumatic, Datorama, Patreon, BioBeats all raised funds
Seed Stage
Local social network streetlife secured a £600,000 investment from Archant Digital Ventures, and new financial investors Shohet & Cie S.A.
Social ... |
| Jul 31, 2013 | Eyeing Potential Growth In Asia, Fab Raises $10M From Singaporean Telecom Giant SingTel | Amidst layoffs, and shortly following a new $150 million round in new funding, Fab is announcing an additional contribution to its Series D round of financing. Singaporean telecommunications giant SingTel Group has put $10 million into Fab,... |
| Jul 30, 2013 | Fab Lays Off 150 European Employees, But Its “Chief European Officer” Had Already Resigned | It’s been a tough week for Fab. Yesterday, word came that the company is being sued for trademark infringement and unfair competition by shoes and apparel site Just Fab, and today Fab is announcing over 100 employees will be laid off from i... |
| Jul 30, 2013 | Fab.com lays off 100 Berlin employees, tightens focus on NYC HQ | Fast-moving Fab has some sad news today. In a blog post, founder Jason Goldberg revealed his 700-person company has had to say goodbye to 100 employees in the startup’s EU headquarters in Berlin.
Although the company just rasied $150 millio... |
| Jul 30, 2013 | Quote of the Day: Jason Goldberg on Fab’s Redundancies in Berlin | “These changes will have zero impact on the Fab customer experience in Germany and the EU overall”
Jason Goldberg, Fab, Founder and CEO, tells the story behind the elimination of more than 100 positions in the Berlin office by the end of 20... |
| Jul 30, 2013 | Fab to lay off 15% of workforce to consolidate in NYC | It's litigation and layoffs for Fab this week, which is decidedly not fabulous
Fab is having a not-so-fab Tuesday. Just hours after news leaked Monday that JustFab is suing Fab for trademark infringement, Fab announced Tuesday morning ... |
| Jul 15, 2013 | Fab Dumps Flash Sales Alerts For Pinterest-Like Follower Model To Market Design | Late last year I was chatting to a VC about Fab.com. He was just shaking his head. Why the scepticism, I asked? “Look, I just can’t see how it’s sustainable. They’ve raised an awful lot of money, but flash sales are just going to burn them ... |
| Jun 20, 2013 | Quote of the Day: Fab CEO Jason Goldberg on Raising Money | “…Raising money is not success. Raising money is a responsibility that opens up new opportunities“
Jason Goldberg, Fab, Founder and CEO, tells the story behind the $150m financing (read here his entire post on his blog Betashop)
FinSMEs
20/... |
| Jun 19, 2013 | NYC’s next billion-dollar startup: Fab raises $150M at $1B valuation | After pivoting away from flash sales and toward its own products, New York City-based Fab has just raised a huge amount of funding to help drive its transformation and support its fast-growing audience.
Fab announced last night that it has ... |
| Jun 19, 2013 | FABulous funding Wednesday: From gay social network to billion-dollar design store | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
It was a big day for funding. Here’s the quick overview with links to full stories.
Fab raises $150M
Fab announced last night that it h... |
| Jun 19, 2013 | Fab raises $150M round led by strategic partner Tencent | Fab plans to go big or go home
There’s much to love about Fab and its CEO Jason Goldberg. I’m particularly in love with the fact that he recently coined the term “emotional commerce,” which sums things up pretty neatly. There’s e-commerce, ... |
| Jun 19, 2013 | FABulous funding Wednesday: From gay social network to billion-dollar design store | It was a big day for funding. Here’s the quick overview with links to full stories.
Fab raises $150M
Fab announced last night that it has raised $150 million in a fourth round of funding led by Chinese company Tencent, which is also appoint... |
| Jun 19, 2013 | NYC’s next billion-dollar startup: Fab raises $150M at $1B valuation | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
After pivoting away from flash sales and toward i... |
| May 15, 2013 | Business Intelligence Startup RJMetrics Raises $6.25M From Trinity Ventures For Ecommerce Boom | In the big new world of business intelligence, RJMetrics has found a market helping e-commerce companies easily analyze operations data and make smarter decisions as a result. Big startups have signed on, including Fab, Bonobos, Threadless ... |
| Apr 30, 2013 | Fab.com Expands, Acquires, and Goes Brick-and-Mortar | Share Share on Facebook Share on Twitter LinkedIn Email Reprints
The ambitions for the future of New York-based flash sales site Fab are taking shape.
Jason Goldberg, the company’s CEO, detailed in a blog post today his company’s plans for ... |
| Apr 19, 2013 | Fab Announces It’s Pivoting Again, Will Eventually Get This Thing Right | Yep. (Photo: Fab.com)
Fab.com has made more costume changes than a drag queen. Launched in 2011 as a social network for gay men (name: Fabulis), the company then transformed itself into a flash-sale site selling arty farty tchotchkes. Now, ... |
| Feb 5, 2013 | Fab Hits 11M Members; Sales Up 300 Percent In January | On the heels of winning best ecommerce application at the Crunchies last week, design-focused retail site Fab is revealing impressive sales data for January. The site added 1 million members in the month, bringing Fab’s total membership to ... |
| Feb 4, 2013 | THE FAB WAY: How I Built A $600 Million Company In Less Than 2 Years | ">Daniel Goodman / Business Insider
Bradford Shellhammer and Jason Goldberg Fab.com's co-founders.Jason Goldberg and Bradford Shellhammer transformed Fab.com from a failing social network into an innovative social commerce site... |
| Jan 30, 2013 | Startup News: Quora Gets Bloggy and Foursquare Gets Down to Business | Startup singlet?
Do We Really Need More Blogs? For the last three years, Quora has been the site for headsdown homebodies to ask their fellow coding brethren about what it’s like to go outside. But the company has recently announced two new... |
| Jan 30, 2013 | Fab says mobile apps bring in 30% of sales | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Fab released a number of updates to its iOS and Android applications today, saying that it wants to focus not on sales but on making th... |
| Dec 31, 2012 | Fab Looks Back At Past 18 Months: 10 Million Members, 4.3 Million Products Sold | Design-focused e-commerce site Fab.com has been having a good year (and a half), and thanks to the massive 100-plus page slideshow the company has now shared, it has the figures to prove it. According to Fab’s latest, the site reached 10 mi... |
| Dec 31, 2012 | New York Got Smarter, Dressed Sharper, and Faced Off with Failure in 2012 | Share Share on Facebook Share on Twitter LinkedIn Email Reprints
Adolescence can be a tough and fascinating period of discovery—even for New York’s innovation community.
At the onset of 2012, education technology startups in the city trumpe... |
| Dec 28, 2012 | Top 15 venture capital deals of 2012 | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
This year, many high-profile startups and private... |
| Dec 26, 2012 | Fab Achieves Mobile Commerce Goal With 56% Of Xmas Day Revenue From Its Apps | Fab announced today that 56 percent of its Christmas day U.S. revenue was from sales through its mobile apps, a new single-day record for the design-focused e-commerce platform. Forty percent of its European revenue on that day was also via... |
| Dec 19, 2012 | Fab expands Indian ties with new funding deal from Times of India | Design e-commerce site Fab.com is blowing up the web with holiday sales numbers, but yesterday it announced a new kind of money: more funding. And it’s the kind of funding that will help Fab continue its not-so-slow march toward a global ta... |
| Dec 19, 2012 | Funding Daily: Holiday Party Mix | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Today’s funding round-up is a holiday party mix o... |
| Dec 19, 2012 | Startup News: Two Regular New Yorkers Disrupt Christmas and Alexis Ohanian Just Wants to Park His Car | Mr. Ohanian (Photo: Twitter)
r/findmeaparkingspace ParkWhiz, the Chicago company that enables users to find and reserve guaranteed parking spaces before reaching their destination, today announced that it has closed a $2 million Series A ro... |
| Dec 18, 2012 | Fab Scores A Seven-Figure Investment From India’s Times Internet | Fab founder and CEO Jason Goldberg announced on his blog that Times Internet has made a seven-figure investment in the company, which will help the design-focused e-commerce site expand its India market strategy. Times Internet is the digit... |
| Dec 1, 2012 | Fab breaks record with $1.3M in sales on Cyber Monday | Sales for the whole week were up four times from 2011
We all know by now that Cyber Monday sales were huge this year, bringing in a total haul of $1.46 billion and beating out Cyber Monday 2011 to become the biggest online shopping day ever... |
| Nov 30, 2012 | Fab Has Its First Million-Dollar Day; Sold More Than $6.5M Worth Of Products This Past Week | Design-focused e-commerce site Fab released a number of data this morning, and it’s impressive to say the least. Fab has sold more than $6.5 million worth of product this past week, up from $1.7 million during the same period last year. Tha... |
| Nov 30, 2012 | Fab.com hits million-dollar days during Black Friday/Cyber Monday | Online wunderstore Fab.com says it racked up million-dollar daily sales during the Black Friday/Cyber Monday rush that kicked off holiday shopping.
Between November 23 and yesterday, November 29, Fab.com moved a total of $6.5 million in des... |
| Nov 7, 2012 | Fab continues international growth with Indian acquisition | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
The sun never sets on the Fab.com flash-sales emp... |
| Oct 30, 2012 | New York’s Fab.com Temporarily Halts Shipping Over Hurricane Sandy Fallout | The fallout from Hurricane Sandy is still affecting startups left and right. New York’s Fab.com sent a memo to customers today saying that it is temporarily halting shipments of packages because its New Jersey-based warehouses are currently... |
| Sep 13, 2012 | Fab Axes Sign-Up Requirement For Its Design Shop, Admits User Experience Sucked (But Did Help It Get 7M Users) | Big news and a big admission for online designer shop Fab.com as it continues to scale up and make itself more user-friendly: For the first time, the site is letting people browse its online shop without having to log in, putting the online... |
| Aug 13, 2012 | Swirl debuts iOS app to help you shop on the spot | Fashion tech is buzzing online, but Swirl wants to bring the focus back to physical stores
While many companies are doing what they can to abandon the brick and mortar shopping experience in favor of an online e-commerce route, a new compan... |
| Jul 20, 2012 | Flash-sale site Fab scores $US105 million in funding, Groupon tumbles | The deals market isn’t done just yet. Design-focused flash-sale site Fab.com has managed to score another $US105 million in funding from some of Silicon Valley’s biggest investors, valuing the business at a massive $US600 million.
Yet it co... |
| Jul 18, 2012 | Fab Seals The Deal On $105 Million In New Funding | Design-oriented flash sales site Fab has raised $105 million in new funding, the company announced today. The news was first reported by the Wall Street Journal and was subsequently confirmed by Fab CEO Jason Goldberg in a detailed blog pos... |
| Jul 18, 2012 | Fab adds $105M to its designer shopping cart | Skype investment group Atomico leads huge round; Fab plans on global growth
Fab.com is rolling in the dough now that they have confirmed closing a $105 million round of funding. This is the third major round of the funding that the design-f... |
| May 17, 2012 | Fab.com Makes Gift-Buying for Facebook Friends a Lot Easier | Fab.com, the online purveyor of designer house wares and slick nerd paraphernalia, has enhanced the social shopping experience again, this time by allowing you to link directly to your fellow Facebook friends who shop on the site. The lates... |
| May 16, 2012 | Fab.com relaunches, and it buries other social shopping experiences | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Today, Fab.com is launching its third and most am... |
| May 16, 2012 | Fab.com relaunches, and it buries other social shopping experiences | Today, Fab.com is launching its third and most ambitious version of the site, and CEO Jason Goldberg said it’s going to remind you of window-shopping with your best friends.
“Imagine you’re shopping with your friends, and one of them picks ... |
| May 3, 2012 | Fab Expands Across 13 European Countries, Is Actively Looking For Acquisitions | Not even a month after news of Fab.de’s growth in Germany and Austria (revenue reaching 1.5M Euro per month), the company is today announcing its expansion across Europe. Starting now, Fab is available across 13 more European countries as a... |
| Apr 22, 2012 | Panels Are A Waste Of Time, But They Don’t Have To Be | Editor’s Note: Guest contributor Joey Flores is a co-founder of Earbits, a Y Combinator-backed online radio ad platform for the music industry.
Two years ago, when I first co-founded Earbits, I started frequenting various startup events lik... |
| Apr 6, 2012 | Fab partners with Glamour for beauty product savings | As Fab closes in on the $100M revenue milestone, it is curating more product verticals for its users
The ever expanding reach of Fab continues to spread, this time into beauty products. Starting Monday, the flash-sales design site will debu... |
| Mar 26, 2012 | Fab.com offers Madonna's new album sale on release date | MDNA debuts on Fab.com as Madonna takes to Facebook, Twitter in social media blitz
Fab.com debuted a new partner Monday morning -- Madonna's new album MDNA. The fashion and design focused flash sales site is started the week off with a... |
| Mar 16, 2012 | Fab: In 2 Years, iPad Users Will Account For A Quarter Of Our Revenue | There’s something interesting going on over there on Fab. The design shopping site found that some of its best customers – that is, those who convert to paying customers the quickest, those who spend the most, and those who return the most ... |
| Mar 15, 2012 | Chris Dixon, Jason Goldberg, Jeff Jordan and David Lawee Will Mix It Up At Disrupt New York | Last week we announced some pretty impressive TechCrunch Disrupt New York veterans who will be back on the stage this year. Today we’re revealing more of our stellar lineup for May’s big event.
Joining our all star cast will be co-founder o... |
| Mar 1, 2012 | One Year Post-Pivot, Fab.com Is On Track To $100M In Revenue In 2012 | One year after the infamous Fab.com “reset” from a social network for gay men to a powerhouse design shopping site, CEO Jason Goldberg is taking a look back on the company’s progress. Staying true to the startup’s “one thing” as he calls it... |
| Feb 20, 2012 | Fab Buys Casacanda For $11M To Fight The Samwers In Europe | Three weeks after the launch of Samwer Fab clone Bamarang in Germany, the UK, France, Brazil and Australia comes the news that Fab too has decided to bolster its European front lines through the acquisition of German flash sales site Casaca... |
| Feb 20, 2012 | Fab.com acquires German flash sales site Casacanda | Fab.com launches its international expansion beginning with Germany
The evolution of Fab.com over the last year has been fascinating, and now the flash sales brainchild of serial entrepreneur Jason Goldberg just took a bold new step abroad.... |
| Jan 27, 2012 | Like a Gangly 8-Year-Old, the Mobile Web Needs to Grow Up | Well, here we are in Twentytwelve. Supposedly it’s the “year of the mobile” and all of our predictions about how we are going to use our mobile phones will finally come true.
Although I believe this year will be a pivotal point in the histo... |
| Jan 25, 2012 | Fab.com gears up for huge expansions: open doors, new shops, international ops | Fab.com, the design-focused flash sale site, has been going gangbusters lately. Today, the company announced a slew of changes aimed at a global takeover.
The company’s news is fourfold:
First, the site is nearing the 2 million member mark ... |
| Jan 25, 2012 | Fab Hits 2 Million Members, Plots International Expansion, Opens For All | Fab.com founder and CEO Jason Goldberg just made a significant announcement on his blog about some new and upcoming changes at the ridiculously fast-growing startup.
The design shopping site now boasts 2 million members, having added more t... |
| Jan 15, 2012 | Fab.com Acquires FashionStake | Fab.com, a NYC-based design-focused flash sales site, has acquired FashionStake, an online marketplace for independent designers, for an undisclosed sum.
According to Fab.com’s Founder and CEO Jason Goldberg (read here), FashionStake founde... |
| Jan 13, 2012 | Fab.com snaps up fashion site FashionStake | The design-focused daily deal site looks to expand to the competitive world of fashion
There are a million daily deal and flash sales sites in the market today. I know because I spent most of New Year's Day unsubscribing from all of th... |
| Jan 13, 2012 | Hello VentureBeat — I’m your new sleuth in Silicon Alley, serving up scoops with your morning coffee | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Above: Benjamin Popper
Hi VentureBeat! I’ve just ... |
| Jan 13, 2012 | Fab.com Acquires Indie Fashion Marketplace FashionStake | Fab.com, the incredibly fast-growing marketplace for all things design, has made its first acquisition after raising over $50 million in venture capital. The company this morning announced that it has bought NYC-based FashionStake, a commun... |
| Jan 13, 2012 | Hello VentureBeat — I’m your new sleuth in Silicon Alley, serving up scoops with your morning coffee | Above: Benjamin Popper
Hi VentureBeat! I’ve just joined VentureBeat as East Coast editor, based in New York. I can’t wait to get started on Monday.
I didn’t know much about the Silicon Alley scene until the day I stumbled into NYC Resistor,... |
| Jan 3, 2012 | RJMetrics Raises $1.2M For Hosted Business Intelligence Software Suite | Exclusive – I first learned about hosted business intelligence software startup RJMetrics a few weeks ago, when Fab.com founder Jason Goldberg wrote how he made creative use of their software suite for his latest fundraising round; in fact ... |
| Dec 16, 2011 | Fab.com: The Social Shopping Experiment That Actually Works | Picture a full-screen Facebook news feed filled with all the beautifully designed items that all your aesthetically inclined friends have purchased. Now clean up the user interface so there’s no spammy news ticker. Got it?
Then you have arr... |
| Dec 16, 2011 | Now At 1.4M Members, Fab.com Turns Up The Social With A ‘Live Feed’ | Exclusive – Fab.com, the ridiculously fast growing e-commerce startup, is launching a new social shopping feature today that lets members view and interact with any activity on the design flash sales site in real-time.
Dubbed the ‘live feed... |
| Nov 9, 2011 | On the Five Month Anniversary of Fab 3.0; Startup Shows Its Traffic | Fab.com, the discounter formerly known as the Big Gay Deal Site, now known for design-centric offers (with that domain, who could give up?) is now boasting is four million monthly visits and releasing data to prove it. Founder and CEO Jason... |
| Nov 1, 2011 | Fab.com founder Jason Goldberg dares recruiters to poach his staff | Jason Goldberg
Jason Goldberg was known for making some bold, brash and off-the-wall statements as the founder of Jobster, the online recruiting company that he started in Seattle in 2003.
The statements made him one of the more colorful ch... |
| Oct 11, 2011 | Fab.com brings super slick mobile apps to its 750K members | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Design flash sale site Fab.com has just launched a suite of mobile apps to bring its signature offerings — great designs at accessible ... |
| Aug 3, 2011 | Ashton Kutcher Or Kevin Rose, Whose Tweets Are Worth More? | Whose tweets lead to more actual sales, Ashton Kutcher’s or Kevin Rose’s? The answer is not immediately obvious. Kutcher boasts 7.3 million Twitter followers to Rose’s 1.3 million, but a recent promotion run by design shopping site Fab.com ... |
| Jul 28, 2011 | Google+ visits down, but the party ain't over yet | Fab.com reports that Google+ traffic referrals bested Twitter, a third of the way to Facebook
The word around the Web on Google+ right now is that the Google+ party is over, exactly one month after the social network first opened up to a tr... |
| Jul 26, 2011 | Fab.com Lands a Rare Triple Pivot Into a $8 M. Round | Fab.com has gone from a social network for gay men to a flash sales site for gay men to a flash sales site focused on design. The final iteration seems to have done the trick, as the company added the 150,000th user in its first 45 days and... |
| Jul 26, 2011 | Fab.com, profitable at 6 weeks old, nabs an $8M Series A | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Fab.com, a design-focused flash sale site that la... |
| Jul 11, 2011 | Fab.com Claims To Be Profitable On $1.3M In Revenue After 30 Days, Raises $1M | Exclusive – Fab.com, which started out as Fabulis, a social networking site for gay men, has not only recently changed its name but also started from scratch with an entirely new business centered around online flash sales of design items.
... |
| Jun 9, 2011 | Scoop: Fab.com Launches Online Design Store, Ashton Kutcher Invests | Exclusive – Fab.com, which started out as Fabulis, a social networking site for gay men, has not only recently changed its name but also started from scratch with an entirely new business centered around ‘design online’. The company is toda... |
| Mar 9, 2011 | Fab.com throws in the big gay towel and bets on e-commerce | Does the world need a gay social network?
The answer is no, if you ask entrepreneur Jason Goldberg, who folded up shop on Fab.com after raising $3 million to build an online community targeted at gay men and is in the process of reinventing... |
| Mar 9, 2011 | The Fab.com story: 10 tips on when to change your game | Jason Goldberg is founder and CEO of Fab.com, a private-sales site focused on design. Prior to founding Fab, which began as a gay social network, Jason founded Socialmedian and Jobster. In a prior life, he spent six years working 100 hours ... |
| Oct 27, 2010 | 57 things I’ve learned founding three companies | Jason Goldberg is the founder and CEO of Fabulis, a gay social network and previously founded Jobster and Socialmedian. He originally published this essay on his personal blog, Betashop.
I’ve been founding and helping run technology compani... |
| Это, черт побери, стартап! | В прошлом году онлайн-компания дизайнерских вещей и аксессуаров Fab cовершила реструктуризацию, урезав свои расходы и сократив 450 человек. Теперь это уже не большая компания, а стартап, которому приходится начинать почти все заново. Основа... |