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Fab CEO Jason Goldberg talks about his year in hell
Fab's management is aware of its image problem. They read the same stories about the home design site that everyone else does: The ones about Fab being in a "death spiral" and CEO Jason Goldberg being...
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Fab's European Site Appears To Be Winding Down, Now It Only Sells Furniture
E-Commerce site Fab has greatly reduced what it will sell on its European site, Fab Europe. It now only sells custom-made, high-quality furniture. Before, Fab Europe sold a variety of products, just...
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Coming Off The High: Fab Co-founder Bradford Shellhammer's Next Act
In early November, Bradford Shellhammer left a company that once seemed like a rocket ship, Fab. Fab quickly gained millions of users and was rewarded by investors with hundreds of millions of...
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Two More C-Level Executives Leave Fab
Fab Chief Product Officer Allison Rutledge-Parisi and Chief Financial Officer David Lapter have left the company, The Wall Street Journal reports. Rutledge-Parisi was expected to depart. She was...
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The Founder Of Struggling Startup Fab Asked Employees Why They Still Work There
In the past year, Fab has slashed its staff from 750 people down to 300. Yesterday, CEO and co-founder Jason Goldberg wrote a blog post about what it's been like to lay off staff, and change direction...
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If You Work For A Startup Like Fab Or Foursquare, You Need To Ask Yourself...
When you work for a tech startup that has raised a lot of money but has an uncertain future, you — as an employee with stock options — should ask yourself: If the company gets bought or goes public,...
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Struggling E-Commerce Startup Fab Plans To Cut Its New York Staff Staff Down...
The downward spiral of the e-commerce site Fab continues, with rumors that it's going to trim its New York City office to less than 30 people, down from a few hundred. "Fab is going to reduce its NY...
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Employees At E-Commerce Startup Fab Have Been Told Not To Come To Work On...
Employees at e-commerce startup Fab received an email on Wednesday from the company's human resources department telling them not to come into the office on Thursday and to await further instructions,...
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How A Gay Social Network Turned Itself Into A Billion Dollar E-Commerce Site,...
More bad news hit the struggling e-commerce startup Fab Wednesday night: The company sent an email telling many of its employees not to show up to work today, likely ahead of the extreme New York City...
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Fab Denies It Will Shut Down By The End Of The Year
Fab, the struggling e-commerce startup that laid off a bunch of employees earlier this month, is denying a report from ValleyWag's Sam Biddle that the company is shutting down. Biddle's sources said...
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Fab Is Buying A European Furniture Company
Fab is buying a Finnish company that designs and manufactures furniture and then sells it online, reports Re/Code's Jason Del Ray. Fab confirmed to Del Ray that it signed a term sheet for the cash...
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E-Commerce Startup Fab Acquired A Nordic Furniture Company
Here's the latest move from troubled e-commerce startup Fab. It's buying One Nordic Furniture Company, a furniture company based in Finland and Sweden. The deal "closed just minutes ago," according to...
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CHART OF THE DAY: CYNK Is More Valuable Than Spotify And AOL
A penny stock called CYNK Technology skyrocketed from $0.10 on June 17 to $14.71 on Wednesday — an increase of 24,000% — to be valued at around $4.29 billion, according to a report from our own Myles...
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Fab CEO: 'E-Commerce Is A B**CH'
The CEO of Fab, the troubled online fashion and retail site, spoke publicly for the first time Monday since his company was hit by a series of well-publicized layoffs and financial problems. Speaking...
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A Tech Company Once Valued At $1 Billion Is About To Sell For $15 Million
The ailing e-commerce site Fab is reportedly in talks to be acquired by PCH International for $15 million. TechCrunch reports that Fab's contractual agreements are in the early stages with PCH, an...
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THE TECH 'TITANIC': How red-hot startup Fab raised $330 million and then went...
On Friday, Oct. 11, 2013, Fab CEO Jason Goldberg gathered a dozen executives in the eighth-floor conference room of the company's New York City headquarters. When the executives filed in, they were...
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A CEO wrote this brutal memo when he realized his billion-dollar startup was...
Fab.com was once considered the fastest growing startup in the world. The e-commerce site partnered with thousands of designers to sell their funky decor and trinkets via flash sales. Within its first...
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THE TECH 'TITANIC': How red-hot startup Fab raised $330 million and then went...
On Friday, Oct. 11, 2013, Fab CEO Jason Goldberg gathered a dozen executives in the eighth-floor conference room of the company's New York City headquarters. When the executives filed in, they were...
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PCH buys the remains of once-hot startup Fab
Two years ago, Fab was one of the world's hottest new companies, raising hundreds of million dollars at a near-billion-dollar valuation. Then it went bust. Fab's parent company, Hem, announced Tuesday...
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Former Fab CEO Jason Goldberg's new company Pepo has raised $2.3 million in...
LONDON — Jason Goldberg, the former CEO of e-commerce company Fab, announced on Tuesday that his new startup Pepo has raised $2.3 million (£1.8 million) in seed funding. Pepo is a messaging app that...
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