Posts Tagged ‘Fab.com’

NY Metro Companies Receive $2.72B In VC Money

January 24, 2012, filed under News; No Comments.
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According to the National Venture Capital Association and PricewaterhouseCoopers, a total of 379 firms received a total of $2.72 billion dollars in investment. From the same report, the fourth quarter last year found 82 firms receiving $545.1 million in VC funding. One of the more heavily invested sectors in the NY venture market is media and entertainment, [...]

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Pivot Gone Right: Fab.com Gets Lotsa Money

December 10, 2011, filed under News; No Comments.
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From investors, that is. $40 million to be specific. Fab.com is a pivot story that begs retelling. Turns out they started off as a gay social netowrk. Happy times didn’t last long, however, because the founder (one Jason Goldberg) thought that sellign stuff was better business. Turns out he’s right. Good for Fab.com then that [...]

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