For years, venture capitalists exuberantly assumed Fab, the online furniture store, could be worth $1 billion, despite mounting evidence that it was difficult to make money off of flash sales. Now TechCrunch reports that Fab may soon be sold to PCH International, an Irish supply chain company, for $15 million "and possibly as much as $50 million."

Hello and happy Weigh In On the Future of Journalism Day, brought to you by venture capital. Watch the manufacturing and monetization of content get thunkfluenced right before your very eyes!

You might think investing in 185 different tech companies is a lot of work, but New York magazine just sat down for lunch with two of the highest profile tech investors on the East Coast, and boy do they seem relaxed.