Employees in the video said they were traveling to Japan, Croatia, South Africa, Antarctica and other destinations.
“I really want each employee to celebrate this moment in their own way and create a memory that will last a lifetime,” Blakely explained in her Instagram caption alongside the video.
USA TODAY has contacted Spanx for additional information on the giveaway.
Blackstone is buying a controlling stake in Spanx, with the deal valuing the shapewear brand at $ 1.2 billion, according to multiple reports . Blakely also confirmed last week on Instagram that she “will remain a significant shareholder and continue to help the company realize its greatest potential”.
Spanx isn’t the first company to grab attention for giving its employees awesome freebies. In 2019, a Maryland-headquartered real estate company gave its employees a shared bonus of $ 10 million.
She could certainly apply for the title of best boss of the year. Usually, employees can receive a box of chocolates or a bottle of wine from their boss, but the founder of Spanx saw it big. Last week, as her company reached $ 1.2 billion in valuation thanks to the now majority stake in investment firm Blackstone, Sara Blakely wanted to mark the occasion.
So, as Indy100 and Lad Bible report, the 50-year-old businesswoman decided to give all her employees incredibly generous gifts: two first-class tickets to anywhere in the world, as well as a check for 10,000 dollars. An announcement made during a staff meeting, which was greeted with applause, and even tears of joy.
As the British media point out, the Spanx company was launched in 2000 with only $ 5,000. Sara Blakely set a goal for her company to someday reach a valuation of $ 20 million. An ambition that many people laughed at, she recalls.
In front of her employees, during the announcement of the new valuation of Spanx, the business manager wanted to have a word for all women entrepreneurs. “This is a very big moment for all of you, and I also want to raise a toast to the women who came before me and to all the women in the world who have not had this opportunity,” said Sara Blakely. .
Spanx founder Sara Blakely surprised employees with the news, she revealed in a post on her verified Instagram account Friday.
In the video, Blakely spun a globe, before revealing that she bought each of her employees two first-class plane tickets to anywhere in the world.
She added: “If you are going on a trip you might want to go out for a really good dinner, you might want to go out to a really good hotel, and so with everyone’s two first class tickets for n No matter where in the world, you each receive $ 10,000. “
The video includes the jubilant and shocked reactions of the employees.
“I really want each employee to celebrate this moment in their own way and create a memory that will last them a lifetime! Well done to 21 years of magic and many more to come, ”she wrote on Instagram.
Blakely also pointed out that although 50% of entrepreneurs are women, only 2.3% of venture capital funding goes to women.
In her toast, she paid tribute to “the women who came before me and to all the women in the world who have not had this opportunity”.
Blakely said that when she founded Spanx in 2000, she did so with $ 5,000 in savings.
Last week, private equity firm Blackstone announced it would take a controlling stake in the brand. Financial terms were not disclosed, but the companies noted the eight-digit valuation in a press release.
The shapewear is often worn as a tight-fitting undergarment that smooths, refines or changes the shape of the body. The global compression and fitness apparel market is expected to reach $ 7 billion by 2030, according to Allied Market Research.