Flash Sales Site Fab Raises $105 Million

Venture capitalists have invested another $105 million in Fab.com at a $600 million valuation, a sign investors still see potential in the business of luxury “flash sales” even as growth rates slow and profits remain elusive.

via WSJ.com: Weekend Journal http://online.wsj.com/article/SB10000872396390444097904577535323312754532.html?mod=rss_Weekend_Journal