Around the Net
Fab Could Flaunt $1B Valuation
- The Wall Street Journal, Tuesday, May 21, 2013 12:15 PM
Fab Inc. is reportedly close to raising $250 million to $300 million, which would value the online design retailer at $1 billion. “The deal and its list of final participants hasn't closed, but it is expected to wrap up in mid-June, with existing investor Atomico is leading the round,” The Wall Street Journal reports. “Fab started as a gay social network but switched gears into e-commerce about two years ago.”
