Flash Sales Site Fab Raises $105 Million
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Flash Sales Site Fab Raises $105 Million

Singapore : Singapore | Jul 18, 2012 at 5:10 PM PDT
Source: Asian Wall Street Journal
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Venture capitalists, including Skype co-founder Niklas Zennstrom, have invested another $105 million in Fab.com Inc., a sign investors still see potential in the business of luxury "flash sales" even as growth rates slow and profits remain elusive. Flash sale sites try to replicate the frenzy of... FULL ARTICLE AT Asian Wall Street Journal
 
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