Expansion Capital: How Fab.com Raised $40 million

December 19, 2011

I just finished reading this post by Jason Goldberg about his process for raising Fab’s latest round of expansion capital. Pretty good approach. Goldberg set out to design a fundraising plan that would:

  1. Take up as little of his time as possible.
  2. Take up almost no time from his management team. “I needed them focused on getting people the best design objects in time for the holidays.”
  3. Quickly accelerate the process by focusing more on finding the right team to marry vs. going on a lot of dates. “I defined a ‘good marriage’ as a firm that really understood and appreciated our business…”

Read the rest of his insightful, “behind-the-scenes” post here.

Here’s some more posts I’ve written on the topic:

Trick to Raising VC Money? Easy. Don’t Do It.

Checklist: How to Prepare for a VC Fund Raise

How to Avoid a Busted Venture Capital Deal

The Chief Executive Officer

Firas was previously a venture capitalist at Openview. He has returned to his operational roots and now works as The Chief Executive Officer of Everteam and is also the Founder of <a href="http://nsquaredadvisory.com/">nsquared advisory</a>. Previously, he helped launch a VC fund, start and grow a successful software company and also served time as an obscenely expensive consultant, where he helped multi-billion-dollar companies get their operations back on track.