So they had a shop that was known for unique designs, sourced from small manufacturers. Wouldn't they naturally think that was a limited market, which you couldn't turn into another Amazon?
Also, if you're having the producer send stuff to the buyer, why do you need a European acquisition? Just hire some people who speak the languages, maybe open a small London/Berlin office, put in the translations, and maybe find a few local products. Why go out and buy three copycats?
What I really don't get is what was so special about Fab. It's a shop on the internet that sells goods. Aren't there vast numbers of similar businesses? What was the magic about them? Just good taste?
> So they had a shop that was known for unique designs, sourced from small manufacturers. Wouldn't they naturally think that was a limited market, which you couldn't turn into another Amazon?
Also, if you're having the producer send stuff to the buyer, why do you need a European acquisition? Just hire some people who speak the languages, maybe open a small London/Berlin office, put in the translations, and maybe find a few local products. Why go out and buy three copycats?
What I really don't get is what was so special about Fab. It's a shop on the internet that sells goods. Aren't there vast numbers of similar businesses? What was the magic about them? Just good taste?