Built Spanx into a billion-dollar shapewear brand with no outside investors, then began angel investing selectively, mostly in women-led consumer and media startups.
- When
- $250,000 for 10% on Shark Tank season 9, split with Mark Cuban, at a $2.5M valuation. The founder had asked for $250,000 at 6.25%.
- Why
- A business whose customers were women starting their own small businesses, which maps directly onto her stated reason for investing in women.
- Status
- Acquired by 1-800-FLOWERS.COM in January 2022; terms not disclosed. Alice Lewis stayed on as president.
Stats for Sharks ↗1-800-FLOWERS.COM, 2022 ↗Full Sara Blakely profile →