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“Spanx—Founded With $5,000—Is Now Worth $1.2 Billion in Blackstone Deal”

“Sara Blakely founded Spanx Inc. in 2000 with $5,000 of her personal savings earned from selling fax machines door-to-door. She just struck a deal with Blackstone Inc. that values the company at $1.2 billion…”

https://finance.yahoo.com/news/blackstone-buy-majority-stake-spanx-155152406.html

This just goes to show how a little can turn into a lot when you start a business. You don’t have to invest an arm and a leg to start a business.

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