The Black Tux
-12%
est. 2Y upside i
Rank
#2585
Sector
E-commerce, Fashion Rental
Est. Liquidity
~3Y
Data Quality
Data: MediumThe Black Tux is a profitable, growing formalwear company, but the equity offer carries significant downside due to a stale valuation and high preference stack.
Last updated: July 19, 2026
If multiple holds at 3.0x on $59.1M revenue, valuation reaches $177M, up 51%. Driver: sustained profitable growth and potential acquisition interest.
Multiple compresses to 2.0x, in line with public comps, yielding $118M valuation, essentially flat. Reflects maturing growth.
Multiple compresses to 1.0x, valuation drops to $59M, below the $68.6M liquidation preference, rendering common stock worthless.
Preference Stack Risk
severeFunding Intensity
59%Total funding of $68.6M represents 58.5% of current valuation, meaning common stock is deep underwater in a downside scenario.
Dilution Risk
lowCompany is profitable and likely cash-flow positive, reducing need for further dilutive financing.
Secondary Liquidity
noneNo secondary market activity reported.
Retail, Nordstrom — 9 roles
- Retail Associate, Beachwood Place · Beachwood, OH
- Retail Associate, Fashion Center at Pentagon City · Arlington, VA
- Retail Associate, Houston Galleria · Houston, TX
- +6 more →
Retail — 6 roles
- Retail Area Manager · Atlanta, GA
- Retail Showroom Associate, Chicago · Chicago, IL
- Retail Showroom Associate, Chicago · Chicago, IL
- +3 more →
Information Technology — 2 roles
- Help Desk Technician · Gardena, CA
- Help Desk Technician · Jenkins Township, PA
Operations — 1 role
- Maintenance Technician · Pittston, PA
Talent & People — 1 role
- Senior HR Partner · Jenkins Township, PA
Last updated: February 22, 2026
Questions to Ask at the Interview
Strategic questions based on The Black Tux's data — designed to show you've done your homework.
- 1
“How do you plan to compete with Men's Wearhouse's new online rental offerings?”
- 2
“What is your strategy for expanding beyond weddings into other events?”
- 3
“Given the high preference overhang, what is the board's plan for liquidity events?”
Community
Valuation Sentiment
Our model estimates -12% upside. What do you think?
Anonymous. Do not share material non-public information.
Community Discussion
Comments are reviewed before they appear publicly.
Loading comments...
Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.