Reese Witherspoon Sold Hello Sunshine For $900 Million. Then Bought It Back
· forbes.com · popularity 39/100 · 0 similar stories today · Entrepreneurship & Startups (Business & Finance)
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Summary
In 2021, Reese Witherspoon became the poster child for the female founder exit. Blackstone-backed Candle Media, led by former Disney executives Kevin Mayer and Tom Staggs, took a controlling stake in Hello Sunshine at a reported $900 million valuation. Blackstone put more than $500 million in cash …
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