Sara Blakely put $5,000 into Spanx; 21 years later, it was valued at $1.2bn

Sara Blakely founded Spanx in 2000 with $5,000 in savings while working as a door-to-door fax machine salesperson. Despite having no formal business training or outside investment, she built the company into a global womenswear brand. In 2021, Blackstone acquired a majority stake in the company at…

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