Late last year I was chatting to a VC about Fab.com. He was just shaking his head. Why the scepticism, I asked? "Look, I just can't see how it's sustainable. They've raised an awful lot of money, but flash sales are just going to burn them to death." And sure enough today has come an announcement from Fab that "Starting today, Fab is no longer sending daily flash-sales emails." These changes begin rolling out on Fab Europe at 8am CET today and then in Fab North America at 8am ET, according to CEO Jason Goldberg in a blog post today.Source: http://feedproxy.google.com/~r/Techcrunch/~3/mus-rmdRjek/
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