SPANX has accepted its first outside investor in its 21-year history: Blackstone. Sara Blakely, founder of the billion-dollar shapewear company, shares stories of her start, decades ago, Blackstone’s all-female deal team, and disrupting retail. Blackstone’s Ann Chung discusses striking the deal and betting on shapewear amid a pandemic. Pfizer has revealed that in its clinical trial, its Covid-19 vaccine proved over 90% effective in kids aged 5-11. Plus, the CDC has approved Moderna and Johnson & Johnson Covid-19 booster vaccines for the elderly, immunocompromised, and adults over 18. U.S. Surgeon General Dr. Vivek Murthy discusses both announcements, and what Americans can expect as we head into the colder months. WeWork survived its first day of trading, but Snap had a rough day on the market. 

 

In this episode:

Dr. Vivek Murthy, @Surgeon_General

Sara Blakely, @SPANX

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

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