doomed startups

Things At Fab.com Are Not So Fab Lately

Things At Fab.com Are Not So Fab Lately

Fab.com began its existence as a social networking site for gay men, but evolved into a a curated flash sale site for home goods, art, and accessories. There just aren’t as many cut-rate luxury goods around as there used to be, though, and the company has culled off 70% of its employees. Now some customers report that no one is picking up the phone. [More]