Blackstone
A company in the archive: 2 stories feature Blackstone. Each one is sourced and dated.
Stories featuring Blackstone
In the archive
- How Crocs Nearly Went Broke in 2008-$185M→$4.04BNet loss, 2008 → Revenue, 2025
Crocs went from 200 pairs at a boat show to the biggest footwear IPO of its time. Then, in 2008, it lost $185 million and its shares fell below a dollar. In 2025 it sold more than $4 billion of shoes.
- Sara Blakely Started Spanx With $5,000$5,000→$1.2BHer savings → Valuation
Sara Blakely sold fax machines door to door. She put $5,000 of her savings into an idea she had cutting the feet off her pantyhose, kept 100% of the company for 21 years, and sold a majority to Blackstone at a $1.2 billion valuation.
