[ad_1]
Spanx CEO Sara Blakely shocked employees with $10,000 and aircraft tickets.
The corporate is celebrating Blackstone shopping for a majority stake.
The deal values Spanx at $1.2 billion.
Loading
One thing is loading.
Spanx is celebrating its $1.2 billion valuation and Blackstone deal by gifting every of its workers the journey of a lifetime.Sara Blakely, the shapewear firm’s billionaire CEO and founder, shocked employees with two first-class tickets to wherever on this planet throughout a celebration celebrating Blackstone taking a majority stake within the firm. Spanx can also be giving workers $10,000 every to spend on their journey. Blakely posted a video to social media of the second when she introduced the items to workers who gathered in particular person and over
Zoom
. Workers have been apparently dumbfounded by the information. Some cried, whereas others have been slack-jawed in disbelief.
A publish shared by Sara Blakely (@sarablakely)
Blakely began the corporate in 2000 with $5,000 she made promoting fax machines door-to-door. On Wednesday, Spanx introduced that the personal fairness agency Blackstone will purchase a majority stake within the firm, valuing it at $1.2 billion.
“I wrote a objective down and I stated this firm will sooner or later be price $20 million, and everyone laughed at me,” Blakely stated within the video. Spanx, which began out by promoting stretchy, body-smoothing undergarments, has grown into a huge model with a large product line and males’s choices over the past 21 years. Kim Kardashian West launched a rival shapewear firm known as Skims in 2019.
[ad_2]