I’ve first heard of Fab about a year and a half ago (or something like this). They were one of the poster child companies for the word “pivot”: they changed from a social network to an online store and grew phenomenally. They are the best example for social commerce that you can get.
YOu can read their story here, a new part of the story here (even great startups need to lay off people from time to time, even when they raised $150 million).
Finally, because this is Sunday Videos, you can see Jason Goldberg (Fab’s CEO) presenting his company in the video below, on the stage of HackFwd: From zero to hero in 9 months (via Cofounder.tv)
