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Tech Co went from 1 billion to 15 mil

Tech Co went from 1 billion to 15 mil# Stock

s*82014-11-22 08:11

1 楼

老公的大舅一家在美国定居多年了，家里条件很好。他家女儿在美国出生的，12月28日
生日，明年就要上大学了。我们想着给她买个圣诞礼物，或者说是生日礼物，请教一下
给这个读高三的ABC亲戚送什么礼物比较好？由于我还是穷学生，老公还是穷博士后，
所以预算50美元。先谢谢了！

W*n2014-11-22 08:11

2 楼

A Tech Company Once Valued At $1 Billion Is About To Sell For $15 Million
Ailing e-commerce site Fab is reportedly in talks to be acquired by PCH
International for $15 million.
TechCrunch reports that Fab's contractual agreements are in the early stages
with PCH, an Irish company that sells product development supply chain
management services.
The $15 million price tag is a low selling price for Fab, which was
previously valued at over a billion dollars in July 2013 when it raised $150
million in funding. Fab declined to comment on this story.
This news comes on the same day that TV-streaming company Aereo files for
bankruptcy. It had raised over $100 million, but it all ended in disaster.
Aereo relied on a legal loophole that worked using satellite dishes to
stream television. But the Supreme Court decided that loophole wasn't so
legal after all, and declared that Aereo was operting illegally.
Speaking on stage at TechCrunch Disrupt in October, Fab founder Jason
Goldberg said that "e-commerce is a b**ch," before explaining that Fab was
burning through $14 million every month.
Fab has tried to turn itself around in recent years. It launched a new
business, Hem, which lets people design and order furniture online. It also
underwent several rounds of layoffs, reducing the number of staff from 750
to 185 employees.
Goldberg seemed to suggest last month that Fab was not up for sale, instead
hinting at the company's future. "We have years and years of cash left," he
said, "I didn’t start it to sell it, I started it to build a great e-
commerce business."