Jenny Fleiss

The co-founder of Rent the Runway saw the fashion-rental service grow to six million customers and a reported $100 million in revenue. Then she realized it was time to walk away

GRAND VISION Women entrepreneurs need to understand that VCs usually don’t go for conservative ideas, says Jenny Fleiss. “The main thing I wind up advising them is to dream bigger.”

What should founders be aware of before taking venture capital?

When Rent the Runway first raised funding, we were so excited to get a term sheet from Bain Capital that we signed it right away. We might not have given due time to

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