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With regards to the "was it a pivot" comments below.
Fab was first fabulis, for 13 months. We built a ton of product and a small but loyal following. We then shut it down to pursue our passion. That's a pivot.
Regarding Fab's 2nd pivot in 2012, we pivoted our business from a drop-ship model to an inventory model. That's quite a pivot.
I don't understand the reason for the huge growth and expansion.
What problem are they solving that is creating such huge growth?
Very Impressive, but I don't understand WHY they are successful.
[I have patent trolls on the brain after reading various HN articles on the topic of late...]
Hi. @betashop here, CEO of Fab. Happy to answer any/all questions. With regards to the "was it a pivot" comments below. Fab was first fabulis, for 13 months. We built a ton of product and a small but loyal following. We then shut it down to pursue our passion. That's a pivot. Regarding Fab's 2nd pivot in 2012, we pivoted our business from a drop-ship model to an inventory model. That's quite a pivot.
A pivot is named as such because your business is keeping one foot in the ground while changing direction. This is done after testing your initial assumptions, normally with no more than an MVP.
This might just be semantics, but it seems like a significant difference to me.
Hi. @betashop here, CEO of Fab. Happy to answer any/all questions. With regards to the "was it a pivot" comments below. Fab was first fabulis, for 13 months. We built a ton of product and a small but loyal following. We then shut it down to pursue our passion. That's a pivot. Regarding Fab's 2nd pivot in 2012, we pivoted our business from a drop-ship model to an inventory model. That's quite a pivot.
Hi. @betashop here, CEO of Fab. Happy to answer any/all questions. With regards to the "was it a pivot" comments below. Fab was first fabulis, for 13 months. We built a ton of product and a small but loyal following. We then shut it down to pursue our passion. That's a pivot. Regarding Fab's 2nd pivot in 2012, we pivoted our business from a drop-ship model to an inventory model. That's quite a pivot.
Why did Fab succeed? Why would someone shop here instead of say Amazon? I don't understand the reason for the huge growth and expansion. What problem are they solving that is creating such huge growth? Very Impressive, but I don't understand WHY they are successful.
I'd be grateful if you could let us know some more info. Thanks!
Hi. @betashop here, CEO of Fab. Happy to answer any/all questions. With regards to the "was it a pivot" comments below. Fab was first fabulis, for 13 months. We built a ton of product and a small but loyal following. We then shut it down to pursue our passion. That's a pivot. Regarding Fab's 2nd pivot in 2012, we pivoted our business from a drop-ship model to an inventory model. That's quite a pivot.
What was the driving factor to change from a drop-ship company to inventory based? Seems ideal if you can keep everything drop-ship to avoid the capital expense related to managing all your products.
Hi. @betashop here, CEO of Fab. Happy to answer any/all questions. With regards to the "was it a pivot" comments below. Fab was first fabulis, for 13 months. We built a ton of product and a small but loyal following. We then shut it down to pursue our passion. That's a pivot. Regarding Fab's 2nd pivot in 2012, we pivoted our business from a drop-ship model to an inventory model. That's quite a pivot.
Stop saying pivot, it doesn't mean what you think it means.