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thisistheverge:

Demolition Man: why does Fab’s CEO keep building big companies that suddenly implode?
If you ask employees when they started to notice that something was wrong at Fab, they will usually mention the bike locks. The bright orange locks appeared suddenly, affixed to the office doors of senior executives. “This was a company that prided itself on openness,” says one former staffer. “You could go in and talk with the founders about anything. And then suddenly it felt like they didn’t even trust us not to steal off their desks.” 

Good read. Back in September, we profiled Jason Goldberg and Fab. We saw some questionable stuff.

thisistheverge:

Demolition Man: why does Fab’s CEO keep building big companies that suddenly implode?

If you ask employees when they started to notice that something was wrong at Fab, they will usually mention the bike locks. The bright orange locks appeared suddenly, affixed to the office doors of senior executives. “This was a company that prided itself on openness,” says one former staffer. “You could go in and talk with the founders about anything. And then suddenly it felt like they didn’t even trust us not to steal off their desks.” 

Good read. Back in September, we profiled Jason Goldberg and Fab. We saw some questionable stuff.

Fab is expanding beyond its virtual digs by opening a physical store. Learn more about its German showroom, and other changes in the works for Fab, here.

Fab.com, the fastest growing e-commerce site on the web, wants to develop original products, and is asking designers and students to submit their ideas. 

Despite Fab’s ongoing success as a third-party retailer, the company is looking to pivot once again, away from the flash sale model and toward developing Fab as a design brand. The ultimate goal, according to co-founder Bradford Shellhammer, is to become “the world’s alternative to Amazon and Wal-Mart.”

The competition will serve as a testing ground for Shellhammer’s ideas about co-creating products with designers. Want to submit your stuff? Have a look at some of Fab’s other previous products.