File THIS Under the ‘It Must Be Nice’ Category

Gregory Carrido
1 min readOct 28, 2021

Please meet Sara Blakely, founder Spanx, Inc. Sara famously began her company in 1998 with just $5000 garnered from selling state-of-the-art fax machines to late 90s technophiles. Remind me what a fax machine is again please? Anyhow, Sara is true American success story where her company went on to famously define, revolutionize, democratize and dominate the so-called shapeware segment of the undergarment industry. Last week, investment management colossus Blackstone Group took a stake in the Company effectively valuing the enterprise at a menthol-cool $1.2B, further buttressing global growth ambitions and noisy brand extensions (including menswear, for instance). So to THANK the tireless, loyal people who made it all possible, Sara on Monday went viral with her Chef’s Kiss conveyed upon each of her 750 employees. First class airfare twin-packs to anywhere in the world AND a $10,000 Venmo for added good measure. To everyone. If you work for Spanx, Inc. really not a bad way to start the week. If you don’t work for Spanx, Inc., well it’s nice to peek into a not-so-typical all-hand employee meeting fresh on a Monday morning…and dream.

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Gregory Carrido

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