Fab.com Hits A Million Users, Is Raising Many Millions of Dollars

[kacy]

http://techcrunch.com/2011/11/14/fab-com-hits-a-million-users-is-raising-many-millions-of-dollars/

[ruski4050]

Have these burst deal sites (Gilt, Fab, etc.) even proven to be profitable? With people worrying, and almost constantly bashing, daily deal sites such as Groupon and LivingSocial, one can only wonder if these are next.

[jonathanjaeger → ruski4050]

Fab claims to be profitable (and have been for a while). I'm not sure if they'll switch their strategy for large-scale growth/marketing. We'll see.