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Jennifer Hyman

Jennifer Hyman is the Co-Founder and Chief Executive Officer of Rent the Runway, a company that is disrupting the trillion-dollar fashion industry and changing the way women get dressed through the Closet in the Cloud, the world’s first and largest shared designer closet. Hyman has led the firm for 15 years and has stewarded her company through all stages of growth.

From inception in 2009 to a scale of 3M+ lifetime customers, Rent the Runway has innovated a new category of business in the fashion industry. The brand offers women the ability to subscribe, rent items a-la-carte and shop resale from hundreds of designer partners, all for a fraction of the retail cost.

Hyman took the company public in 2021, making her the first woman ever to IPO a company with an all-female executive suite and the 30th woman ever to IPO a company. She has been honored on the TIME Top 100 Most Influential People List, the CNBC Disruptor List for 5 out of 10 years, and will celebrate the 15th Anniversary of Rent the Runway November of 2024. She also serves on the Board of Directors

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Jennifer Hyman is the Co-Founder and Chief Executive Officer of Rent the Runway, a company that is disrupting the $1.7 trillion fashion industry by introducing clothing rental as a utility in women’s everyday lives. In her role, she sets the strategic priorities and leads the company in growing all areas of the business, including marketing, technology, product, logistics and analytics. She co-founded Rent the Runway in 2009 with Jennifer Fleiss, and has since raised over $190 million in venture capital, growing the business to over 6 million members, 1,100 employees (which is over 60% female and 70% minority) and 450 designer brands. As the CEO, Jennifer has built Rent the Runway from an idea into a profitable, high-growth company valued at nearly $1B and one of the most beloved brands in the U.S.

 Jennifer has been honored with recognitions like Forbes "12 Most Disruptive Names in Business,"Fortune’s "Most Powerful Female Entreprenuers," Trailblazers, "40 under 40" and Fast Company’s "Most Creative People in Business." She is also a frequent guest on television,

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“In that meeting, I asked her, ‘Could you introduce me to a few of your friends? I’d love to meet with them and talk about this idea.’ Because every meeting has to get you to three other meetings. Never leave a meeting with someone without asking them for that introduction.”

In this View From The Top interview, Rent the Runway cofounder and CEO Jennifer Hyman shares stories from her first meeting with fashion-giant Diane Von Furstenberg and how she’s worked to foster and maintain relationships with more than 1,000 retail brands.

“If you’re an entrepreneur, effectively you are a salesperson. That’s your number one skill that you need to have,” Hyman says.

Interviewed by Cyerra Holmes, MBA ’23, Hyman talked about how growing up with a sibling with a disability helped her become relentlessly optimistic in the face of insurmountable odds. And, just twelve years after business school and those first meetings with fashion designers, Hyman took Rent The Runway public, becoming the 30th woman to complete an IPO in the history of U.S. markets.

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