FAB on Wall Street: Fab.com Raises $40 Million from Andreessen Horowitz and Ashton Kutcher

Have you guys ever heard of the recent New York based startup, Fab.com?  Well, Fab.com is a flash sale site, similar to the likes of Gilt.com and Groupon.  They launched this past summer and still doing well, with over 1.4 million members and 100,000 filled orders a month.  Members receive exclusive access to daily design sales featuring world’s leading designers and manufacturers. Recently, Fab.com secured $40 Million in their second round of funding from Andreessen Horowitz and Ashton Kutcher, valuing the company at $200 million.  Do you think an IPO is in the near future?

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