The modeling of black holes is an important desideratum for any quantum theory of gravity. Not only is a classical black hole metric sought, but also agreement with the laws of black hole thermodynamics. In this paper, we describe how these goals are obtained in string theory. We review black hole thermodynamics, and then explicate the general stringy derivation of classical spacetimes, the construction of a simple black hole solution, and the derivation of its entropy. With that in hand, we address some important philosophical and conceptual questions: the confirmatory value of the derivation, the bearing of the model on recent discussions of the so-called 'information paradox', and the implications of the model for the nature of space.