What would you do with: Two First-Class Plane Tickets and $10,000?

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The chief executive and founder of the shapewear company Spanx surprised employees with two first-class plane tickets and $10,000 each.

Questions:

  1. How much did Sara Blakely spend to start her company in 2000 and what did she pledge it would be worth when people laughed 21 years ago?
  2. What fact points to why Blakely is encouraging more support for female-led businesses?
  3. What is the valuation of Sara Blakely’s company today? Who has the last laugh?

Source:

Yang, M. (2021). Spanx chief gives all employees first-class plane tickets and $10,000. The Guardian, Oct. 25 (Retrievable online at https://www.theguardian.com/us-news/2021/oct/25/spanx-chief-gives-employees-first-class-plane-tickets-10000).