Thursday 1 March 2012

One Year Post-Pivot, Fab.com Is On Track To $100M In Revenue In 2012

fab-napkinOne year after the infamous Fab.com "reset" from a social network for gay men to a powerhouse design shopping site, CEO Jason Goldberg is taking a look back on the company's progress. Staying true to the startup's "one thing" as he calls it (design, obviously), the company has grown to more than 2.5 million members, up from 1.5 million at the end of last year. That's 67% growth in the first two months of 2012, Goldberg notes. And last month was Fab's best yet, beating out both the holiday sales of December and the pre-holiday rush which contributed to November's record-breaking month.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/FPimzrdxj2k/

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