What is Blackstone?

Blackstone is a global private equity firm.

• May 2026 - Tony James said AIG invested $100 million in Blackstone for 10% of the company, valuing it at $1 billion at best; by the time he left, it was worth $170 billion.
• Jul 2026 - Josh Pristaw described Blackstone as the biggest and most successful global private equity firm, noting it raised a couple billion dollars, which is 2% of what’s under construction today.
• May 2026 - Sam Parr said Blackstone and BlackRock are acquiring dead SaaS companies now owned by private credit, offering founders a choice between putting in more money or other options.