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:
- Take up as little of his time as possible.
- 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.”
- 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.