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Fab.com
Business Summary
Privately-held Fab.com is a venture capital-backed high-end flash sales website that features curated home goods, decorative items, and apparel for sale. Items on Fab.com are typically for sale for only a short time, and the company's target market tends to be the fashion-conscious luxury consumer. Fab.com began as a gay social networking site called Fabulis until the company pivoted in 2011. Fab.com was founded in 2010 by Jason Goldberg and Bradford Shellhammer, and has headquarters located in New York, New York.
Recent News, Updates, and Analysis
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The Top 5 Private Companies To Profit From Cyber Monday: FAB. COM, FRY'S ELECTRONICS, NEIMAN MARCUS, PETCO, TOYS "R" US: "Cyber Monday Is Now The New Black Friday"- PrivCo
Nov. 2012 November 26, 2012 8:15 pm ET - PrivCo offers exclusive financial data on 5 major privately-held companies poised to profit from Cyber Monday: VC-backed online home goods retailer Fab.com, Silicon Valley electronics giant Fry's Electronics, P.E.-backed luxury retailer Neiman Marcus, pet chain Petco, and private-equity owned toy giant Toys "R" Us. … Read More » -
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Sep. 2012 THRIVE CAPITAL, the upstart New York venture firm, last week raised its third fund since its founding just 3 years ago...and by far its largest fund, at an impressive $150 Million ($147 Million to be exact, securing 36 investors - including Princeton University - to Thrive's latest and largest fund). … Read More »
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 2010 |
| Formerly Named: | Fabulis |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| City: | New York |
| State/Province: | New York |
| Country: | United States |
| Phone: | View |
| Website: | www.fab.com |
| Twitter: | http://www.twitter.com/fab |
| LinkedIn: | http://www.linkedin.com/company/fab.com |
| Blog: | http://blog.fab.com |
| Facebook: | http://www.facebook.com/fab.com |
Corporate Organization
| Founders: | Bradford Shellhammer Jason Goldberg |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Internet > E-Commerce > Online Dinnerware, Cookware, Flatware, Knives & Cutlery Retail |
| Internet > E-Commerce > Online Furniture & Furnishings Retail |
| Internet > Internet Services > Social Media |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | Fab.com fiscal year end: 12/31 |
| 1 | 2011 Revenues were not... read more. |
| 2 | As... read more. |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Fab.com financials to Excel and create your own graphs.)
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Fab.com Revenues ($ MM): |
Fab.com Total Employees: |
Fab.com European Employees: |
Fab.com Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jan. 2012 | Completed | View | View | Acquisition | View |
| Details | Feb. 2012 | Completed | View | View | Acquisition | View |
| Details | Jun. 2012 | Completed | View | View | Acquisition | View |
| Details | Nov. 2012 | Completed | View | View | Acq-Hire Acquisition | View |
| Details | Apr. 2013 | Completed | View1 | View | Acquisition | View |
| 1 | The company was valued...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
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VC/Funding Activity
| 1 | 18 total investors...Read More → |
| 2 | Satyan Gajwani, CEO...Read More → |
| 3 | Terms were undisclosed,...Read More → |
| 4 | Fab.com rumored to be...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
Missing a deal? Tell us about it! tips@privco.com
Detailed Business Description: Fab.com
Company Overview
Fab.com originally began in 2010 as a gay social networking site called Fabulis.com. It had attracted 50,000 members in its first three months, only to stagnate nine months later at 130,000 members and 30,000 active members. In March 2011, founders Jason Goldberg and Bradford Shellhammer decided to rebrand their company into an online flash-sale site: Fab.com.
Fab.com is now an online, high end "flash sales" website that features various consumer products, including art, furniture, gadgets, kitchen tools, apparel, food, and bathroom accessories. The website also features various social media tools, including design inspiration boards that customers can build and share. The company is headquartered in New York, New York.
Revenue Model
Fab.com earns its revenues through members' purchases of items, with Fab.com having over 6 million members as of 2012. Fab.com generates revenue streams from charging its members an undisclosed markup on the products they buy. The… Continue Reading →
Exhibits
Supplemental Resources
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