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| Got a Klout Score Over 60? You Can Get a Piece of Frostbox | | Monday, December 31, 2012 3:05 PM | Todd Wasserman |
| UK startup Frostbox, which aims to be the Dropbox of social media, is offering up pieces of the company to investors -- but only those with Klout scores of 60 and above. The program, run via Wahooly, is based on the premise that publicity from such social media mavens should translate into equity in the company. Dana Severson, co-founder and CEO of Wahooly, says the share of equity is based on the amount of social media activity.
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| Fab Passes 10 Million Members, Sells 5.4 Products Every Minute | | Monday, December 31, 2012 11:30 AM | Seth Fiegerman |
| Fab has quickly emerged as a significant force in the e-commerce space. The design-focused shopping site now has more than 10 million members, up from 7.5 million in September, according to data released Sunday by the company as part of a huge 104-slide presentation to investors and employees about its first 18 months in action. What's more, the company has now sold 4.3 million product since launching in June, 2011.
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