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8 HOURS AGO - Wall Street Journal

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For Tech's Highfliers, Fab Is Cautionary Tale

Fab.com had early traction and blue-ribbon backers, but instead of becoming a billion-dollar e-commerce juggernaut it’s a cautionary tale for startups.

Tags: For Tech's Highfliers, Fab Is Cautionary Tale,  Fab Latest News

15 HOURS AGO - VatorNews

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It's official: Fab has been sold off to PCH

No financials were disclosed, but Fab, once valued at $1 billion, is said to have sold for $15MFab, the once might company that was worth $1 billion, has officially fallen. The company announced on Tuesday that it has been sold to PCH International, in order "to focus 100% of our resources on Hem." Though no financial terms were disclosed, previous reports had pegged the sale price ...

Tags: It's official: Fab has been sold off to PCH,  Fab Latest News

18 HOURS AGO - TechCrunch

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PCH Buys Design Portal Fab In Stock And Cash Fire Sale

 In one of the craziest sell-offs in Silicon Valley history, PCH International has closed its acquisition of e-commerce site Fab. The deal, which we first reported back in November, was announced today as a stock-and-cash deal for an undisclosed amount. According to our sources, Fab was selling to PCH for around $15 million. That price is a fire sale for ...

Tags: PCH Buys Design Portal Fab In Stock And Cash Fire Sale,  Fab Latest News

19 HOURS AGO - Wired

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The DIY Robots That Ride Camels and Fight for Human Rights

Former Fab CEO Jason Goldberg, who’s stepping down. Fab.com Fab.com, the massive and eclectic online design emporium, has gone through a few reincarnations since it was founded in 2010. First a social network for gay men, its founders then flipped it into a flash-sale site for quirky household products—in the process raising over $300 million […] The post The DIY ...

Tags: The DIY Robots That Ride Camels and Fight for Human Rights,  Fab Latest News

19 HOURS AGO - Wired

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An Online Game That’ll Help Pay Off Your Student Debt

Former Fab CEO Jason Goldberg, who’s stepping down. Fab.com Fab.com, the massive and eclectic online design emporium, has gone through a few reincarnations since it was founded in 2010. First a social network for gay men, its founders then flipped it into a flash-sale site for quirky household products—in the process raising over $300 million […] The post An Online ...

Tags: An Online Game That’ll Help Pay Off Your Student Debt,  Fab Latest News