Fab.com was a flash sales site that offered items curated by the unique taste of Bradford Shellhammer, Goldberg's partner. And, for a moment, it was successful, reaching a $1 BN valuation. But, it ended up selling for no more than $30MM. How did this happen? This is Startup Forensics: Fab.com
Most of the companies, most of the startups that you can think of, could not exist if it wasn’t for venture capital. The relationship between founders and investors is a weird, symbiotic phenomenon. In this article, we try to simplify very complex processes for every founder to understand.
Calm went from almost having no cash to a billion-dollar valuation in less than five years. But, how did it do it?
Going public is the ultimate graduation for an entrepreneur. The black belt. The Academy Award. The Olympic medal. Listing your company in the New York stock exchange. And it’s also one of the most complicated, expensive, and dangerous processes a company can go through