Jason Del Rey

Recent Posts by Jason Del Rey

Fab To Create Japanese Joint Venture as It Lands Another $5 Million

Fab has added another $5 million investment to its now-$165-million Series D investment round, with Itochu Corporation joining the fold. Fab CEO Jason Goldberg said in a blog post that the two companies “will endeavor to develop a joint venture agreement that will mutually invest in bringing Fab to Japan in 2014.” The e-commerce startup continues to view Asia as a big opportunity, even as it slashes staff elsewhere in the world.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work