Fancy beats Pinterest to social commerce, but did it sell its soul for cash?

If you haven’t heard of Fancy, think of it this way: Fancy is to Pinterest as Tumblr is to WordPress. It even has its own verb: to fancy. Users upload images to the site much like at Pinterest, by uploading or using a bookmarklet to identify an image on a webpage. Then friends and followers can see the “fancied” items, follow you, comment, and “re-fancy” an image to post it to their own stream. Fancy is a bit simpler and a little bit more elegant than Pinterest, if that’s possible.