Spanx CEO gives employees free trip and $10k after selling majority stake in company
All employees received two first-class tickets to anywhere in the world!
It’s a good day to be an employee at Spanx. The founder of the shapewear just sold her majority stake in the company to a big investment firm. And she celebrated by sharing the love with her 500 employees. There’s a video of her announcing that she’s giving each of them two first-class plane tickets to ANYWHERE in the world . . . plus $10,000 in spending cash.
Sara Blakely sold fax machines door-to-door and started Spanx with $5,000 in savings & no experience.
She never raised money & has now sold a majority stake in the brand at a $1.2 billion valuation.
The best part?
The gift she gave her 500+ employees to celebrate.
Amazing 🙏 pic.twitter.com/JvdpbgVWX5
— Joe Pompliano (@JoePompliano) October 23, 2021