Pando

Fab's Jason Goldberg weighs in on what he knows best: Fundraising

By David Holmes , written on March 13, 2015

From The News Desk

"Raising Money. One of the few things I'm certainly good at."

Fab was, in the words of Michael Carney, "among the biggest whiffs we’ve ever seen in the private markets." Jason Goldberg and Bradford Shellhammer's ecommerce startup went from a billion dollar valuation to a proposed sale valuing its remaining parts at just $15 million.

But despite whatever operational failings may have led to Fab's demise, one thing Goldberg never had trouble with is raising money -- Fab had raised over $300 million over its lifespan. And so in today's climate where, as Josh Kopelman [Disclosure: Pando investor] recently wrote, it's harder than ever for the army of seed companies to raise Series A rounds, there's a lot entrepreneurs can learn from Goldberg's experience.

In a Friday afternoon tweetstorm, Goldberg imparted some of this knowledge. Read all the tweets below: