6min chapter

Stanford GSB: View From The Top cover image

S6E8: Jennifer Hyman On The Power of Relentless Optimism

Stanford GSB: View From The Top

CHAPTER

How Rent-Through-Renway Changed After the Pandemic

Rent the Runway was founded 13 years ago and raised over $400 million in VC funding. In March 2020, rent-through-renway lost 80% of its revenue overnight due to COVID pandemic. CEO Jen Schulder says she had to ground herself in reality during this difficult time. She now sees Rent the Runway as a fundamentally different business than it was before that crisis.

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