Category: Faire
Wholesale marketplace Faire, which raised at a $12.6B valuation last year, lays off 20% of its staff
Wholesale marketplace Faire has laid off 20% of its staff, or about 250 people, as part of a restructuring, according to multiple reports. Business Insider broke the news, reporting that the job cuts were companywide. Faire in October of 2022 had laid …
Catching up with Keith Rabois on the state of VC, his newest bet, and who he’s backing for president
Chances are that however busy you are, Keith Rabois is busier. He’s an active investor as a general partner at Founders Fund, the early-stage outfit co-founded 18 years ago by Peter Thiel. He’s also the CEO of OpenStore, the company that he…