Wednesday, January 13, 2016

Shopping Site Bezar Is Reportedly Running Out Of Funding

Sources close to the company told Re/code the startup, Fab cofounder Bradford Shellhammer's latest venture, is struggling to raise funding.

When e-commerce site Bezar launched last March, founder Bradford Shellhammer told Fast Company his dream was that the site would become a highly curated digital marketplace on par with Etsy. But it seems the startup, a sort of reincarnation of the embattled Fab.com, is running into problems even before it turns 1. According to a report from Re/code, the company is running dangerously low on cash and struggling to get additional funding. Sources familiar with the company told Re/code the company would likely shut down.

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