The Lessons Learned From the Failure of Fab.com

The Lessons Learned From the Failure of Fab.com

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the rise and fall of Fab.com, an ecommerce site once valued at a billion dollars. CEO Jason Goldberg reflects on the company's failure and the lessons learned. He has since moved to Berlin and is working on a new venture, a consumer messaging app called Pipo. The discussion includes insights from Sarah Fryer and Jeremy Lou, highlighting the importance of learning from failure and being cautious about overconfidence.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Fab.com known for in the ecommerce industry?

Luxury fashion

Books

Quirky home decor

Electronics

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the valuation of Fab.com in 2013?

$10 billion

$500 million

$15 million

$1 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What lesson did Jason Goldberg learn from the failure of Fab.com?

Always trust your instincts

Overconfidence can lead to blind spots

Never expand internationally

Focus solely on marketing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where did Jason Goldberg move after the failure of Fab.com?

Tokyo

New York

Berlin

London

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of Jason Goldberg's new venture?

ChatHub

Fab 2.0

MessageMe

Pipo