Part obituary, part autopsy, Business Insider considers how ecommerce startup Fab.com went from a nearly a $900 million valuation to the bargain bin. This month, “PCH Innovations will buy the
wreckage of Fab, insiders say, in a deal valued at $15-$50 million based on PCH's stock,” BI reports. What went wrong? Some place the blame squarely on the shoulders of founder and CEO Jason
Goldberg. “He is so talented at getting an idea off the ground,” a former colleague of tells BI. “But he can't operate a company.”
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