2min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: The Rent the Runway Memo: How Paid Marketing & Growth Hacking Ruined a Generation of Companies, When Will Rent the Runway Be Profitable & How Does it Compare to Other Fashion Co's and Why "I Wish I Ran My Startup Like a Public Company"

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

The Importance of Execution in Entrepreneurship

Jennifer Flice is the founder and CEO of Ran the Runway, a clothing company. She says she had an "Aha moment" when her sister went into credit card debt with too much clothes. The idea was that people shouldn't have to buy things they can't wear forever but should be able to rent or sell them. Jennifer: I knew nothing when I started 14 years ago; you've learned so much since then.

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