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>> TIME, INC. Latest News

JUN 20, 2013 - Inc Magazine

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Fab's $150 Million Round: Why It's the Beginning of the End

Fab wants to be the next billion-dollar e-commerce business. It's fabulously ambitious--but completely at odds with the company's strengths.At this point, very little could surprise me about e-commerce wunderkind Fab. Not even its latest news: The company announced Wednesday it just completed raising a $150 million Series D investment round--with another $100 million on the way--at a pre-money valuation of $1 billion. This latest cash infusion brings the total amount of capital raised to $310 million, making Fab the highest-funded e-commerce start-up in the market today.Fab, in case you ... Read More

Tags: Fab's $150 Million Round: Why It's the Beginning of the End,  Time, Inc. Latest News