Peter Kafka

Recent Posts by Peter Kafka

Fab Makes Big Cuts Again, Laying Off Nearly 20 Percent of Staff

After suggesting via an internal memo that he would lay off staff, Fab CEO Jason Goldberg has laid off 101 employees, or nearly 20 percent of the e-commerce startup’s staff. Fab, which raised $165 million this summer, also let go of more than 100 employees in July.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus