Saturday, 7 February 2015

How red-hot startup Fab raised $330 million and then went bust

How red-hot startup Fab raised $330 million and then went bust


On Friday, Oct. 11, 2013, Fab CEO Jason Goldberg gathered a dozen executives in the eighth-floor conference room of the company's New York City headquarters. When the executives filed in, they were handed a five-page document. Goldberg sat at the head of the table, his expression somber beneath his salt-and-pepper scruff.

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