The Black Tux

theblacktux.com

-12%

est. 2Y upside i

E-CommerceSeries C

Rank

#2585

Sector

E-commerce, Fashion Rental

Est. Liquidity

~3Y

Data Quality

Data: Medium

The 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

Bull (25%)+51%

If multiple holds at 3.0x on $59.1M revenue, valuation reaches $177M, up 51%. Driver: sustained profitable growth and potential acquisition interest.

Base (50%)+1%

Multiple compresses to 2.0x, in line with public comps, yielding $118M valuation, essentially flat. Reflects maturing growth.

Bear (25%)-100%

Multiple compresses to 1.0x, valuation drops to $59M, below the $68.6M liquidation preference, rendering common stock worthless.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding 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

low

Company is profitable and likely cash-flow positive, reducing need for further dilutive financing.

Secondary Liquidity

none

No secondary market activity reported.

Information Technology 2 roles

Operations 1 role

Talent & People 1 role

View all 19 open roles at The Black Tux

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.

0/2000

Loading comments...

Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.