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Fab

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Fab.com features daily design inspirations and sales at up to 70% off retail.

Fab.com was started by Jason Goldberg, who founded SocialMedian and Jobster, with design industry veteran Bradford Shellhammer, contributor to Dwell and formerly of Blu Dot and Design Within Reach in New York, NY, along with Deepa and Nishith Shah in Pune, India and Veerle Pieters in Deinze, Belgium. Fab.com’s headquarters are in New York, NY.

The Fab.com website offers daily design inspirations and sales of up to 70% off retail. Membership is free but by invitation only. Members receive exclusive access to daily curated design sales featuring the world’s leading designers and manufacturers.

The Fab.com team changed their business model in 2011, as discussed in this post: http://betashop.com/post/3741657155/when-to-change-your-game-the-fab-com-story-10-tips

Milestones

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• 
  Fab added David Lapter as CFO.
  Posted 10/28/11 at 8:29pm
• 
  Fab added Beth Ferreira as COO.
  Posted 10/28/11 at 8:29pm
• 
  Fab added Nishith Shah as Co-Founder & CTO.
  Posted 10/28/11 at 8:29pm
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  Fab added Jason Goldberg as Founder & CEO. (1/1/10)
  Posted 2/1/10 at 2:27pm
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  Fab received $40M in Series B funding. (12/7/11)
  Posted 12/7/11 at 6:06pm via techcrunch.com
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  Fab received $7.7M in Series A funding. (8/11/11)
  Posted 7/26/11 at 7:21am via businessinsider.com
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  Fab received $1M in Seed funding. (7/11/11)
  Posted 7/11/11 at 8:47pm via techcrunch.com
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  Fab received $1.75M in Seed funding. (12/13/10)
  Posted 12/13/10 at 5:21am via techcrunch.com
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  Fab received $250k in Seed funding. (6/30/10)
  Posted 6/30/10 at 6:43pm via venturebeat.com
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  Fab received $625k in Angel funding. (1/28/10)
  Posted 1/31/10 at 9:26pm via paidcontent.org
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  Fab acquired FashionStake. (1/13/12)
  Posted 1/15/12 at 6:57pm via techcrunch.com
• 
  Fab — Fab Hits 2 Million Members, Plots International Expansion, Opens For All (1/25/12)
  Posted 1/25/12 at 7:34pm via techcrunch.com
• 
  Fab — Fab Hits 1 Million Users 5 Months After Launch (11/14/11)
  Posted 11/14/11 at 8:19pm via businessinsider.com
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  Fab — Scoop: Fab.com Launches Online Design Store, Ashton Kutcher Invests (6/9/11)
  Posted 6/9/11 at 6:35pm via techcrunch.com
• 
  Fab — Correction (simple math): Fabulis receives additional $200k in Series A funding. (6/30/10) (6/30/10)
  Posted 7/1/10 at 12:13am via mashable.com

Videos

Screenshots

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Above: Fab.com Sales Page
Uploaded: 7/11/11

Sources

1. Fab.com Acquires Indie Fashion Marketplace FashionStake (techcrunch.com) [edit]
2. Social Net For Gay Men Fabulis Raises $625K From WaPo, Others (paidcontent.org) [edit]
3. Exclusive: GeoCities founder invests in gay social network Fabuli (venturebeat.com) [edit]
4. Social Network For Gay Men Fabulis Rebrands To Fab.com, Raises $1.75 Milli (techcrunch.com) [edit]
5. Fab.com Claims To Be Profitable On $1.3M In Revenue After 30 Days, Raises $1M (techcrunch.com) [edit]
6. Ashton Kutcher-Backed Fab.com Closes $7.7 Million (businessinsider.com) [edit]
7. Design-Focused Flash Sales Site Fab.com Raises $40M From Andreessen Horowitz, Ashton Kutcher (techcrunch.com) [edit]
8. mashable.com (mashable.com) [edit]
9. Scoop: Fab.com Launches Online Design Store, Ashton Kutcher Invests (techcrunch.com) [edit]
10. Fab Hits 1 Million Users 5 Months After Launch (businessinsider.com) [edit]
11. Fab Hits 2 Million Members, Plots International Expansion, Opens For All (techcrunch.com) [edit]