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November 15, 2011 08:43 am GMT
Design-focused flash sale site Fab announced an important user milestone today, the site hitting a million members; The company celebrated by giving each of their users $10 to spend and another $10 more to each friend they signed on.The invite-only site has seen massive success since it pivoted from a gay social network in June, bringing in another 275K users in the past 30 days -- with around 150K people visiting the site through its daily email alone. The company is operating profitable, expected to bring in $20 million in revenue in 2011.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tKDJ9Of1ehc/
Fab Hits A Million Users, Is Raising Many Millions of Dollars
Design-focused flash sale site Fab announced an important user milestone today, the site hitting a million members; The company celebrated by giving each of their users $10 to spend and another $10 more to each friend they signed on.The invite-only site has seen massive success since it pivoted from a gay social network in June, bringing in another 275K users in the past 30 days -- with around 150K people visiting the site through its daily email alone. The company is operating profitable, expected to bring in $20 million in revenue in 2011.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tKDJ9Of1ehc/
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