
Jennifer Hyman's story is one of perseverance and growth, and it's a testament to the power of hard work and determination.
Jennifer Hyman, the co-founder of Rent the Runway, faced many challenges in her early days as an entrepreneur, but she never gave up on her vision.
She dropped out of college at the age of 21 to focus on her startup, but she was later forced to return to school due to financial constraints.
Hyman's persistence ultimately paid off, and Rent the Runway became a huge success, revolutionizing the way people shop for and wear formal wear.
Biography at a Glance
Jennifer Hyman is the CEO and Co-Founder of Rent the Runway, an 11 million-member startup that pioneered dynamic ownership in the fashion industry.
She leads a team of 1800 people, which is 93% female and non-white, and has been recognized as one of the best companies to launch one's career.
Rent the Runway went public, achieving a $1 billion valuation, making it one of only 20 female-led "unicorn" companies in the U.S.
Hyman has raised over $525 million from top venture capitalists and has been honored with numerous recognitions, including TIME's "100 Most Influential People in the World" and Fortune's "Most Powerful Female Entrepreneurs".
She serves on the Board of Directors of The Estee Lauder Companies and is a Founding Member of the NYSE Board Advisory Council.
Here are some of the notable recognitions Jennifer Hyman has received:
- TIME "100 Most Influential People in the World"
- Forbes "12 Most Disruptive Names in Business"
- Fortune's "Most Powerful Female Entrepreneurs"
- Fast Company's "Most Creative People in Business"
Career
Jennifer Hyman's career is a testament to her entrepreneurial spirit and innovative approach to solving problems. She co-founded Rent the Runway in 2009, a fashion rental service that allows women to rent designer dresses and accessories for special occasions.
Hyman's company has disrupted the traditional fashion industry by offering a more affordable and sustainable alternative to buying new clothes. With over 8 million members, Rent the Runway has become a household name.
Hyman's vision for the company was to make fashion more accessible and to reduce waste in the fashion industry. She has successfully achieved this by creating a platform that allows women to rent clothes for a fraction of the cost of buying them.
The company's success has been fueled by Hyman's passion for fashion and her ability to identify a need in the market. She has been able to capitalize on the growing demand for sustainable and affordable fashion options.
Hyman has been recognized for her entrepreneurial achievements, including being named one of Time Magazine's 100 Most Influential People in the World in 2012. Her company has also received numerous awards and accolades for its innovative approach to fashion.
Public Presence
Jennifer Hyman has a strong public presence, having been recognized as one of the most influential people in the world by TIME 100. She's the CEO of RentTheRunway.com, a company that's made headlines with its innovative approach to fashion.
Rent the Runway has received attention from top publications like The New Yorker, which featured an article on the company's mission to lend customers their look. The company's success has also been covered in Fortune, where Jennifer Hyman shared her insights on hitting unicorn status.
Jennifer Hyman has also been featured in various media outlets, including MSNBC and CNBC, where she discussed topics like workforce issues and the concept of thinking about one's closet like a stock portfolio.
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Full Transcript

Public presence is about being visible and making an impact in your community.
Having a strong public presence can open doors to new opportunities and connections.
Research shows that people are more likely to remember a face than a name, so it's essential to be seen in public.
A study found that 75% of people prefer to do business with someone they know, making personal connections crucial for success.
Being visible doesn't mean you have to be the center of attention, but rather being present and engaged in your community.
A simple smile and greeting can go a long way in making a positive impression.
According to a survey, 70% of people believe that being friendly and approachable is essential for a good public presence.
Being consistent in your public presence is key, whether it's attending events or engaging on social media.
See what others are reading: Essential Health Benefits
Media
Rent the Runway, a company founded by Jennifer Hyman, has made a significant impact in the media.
Jennifer Hyman was named one of TIME 100 Most Influential People.
The company has been featured in various publications, including the New York Times, where it was reported that Rent the Runway is now valued at $1 billion with new funding.
Rent the Runway's commitment to treating workers fairly has also been highlighted in the New York Times.
In addition to these publications, Rent the Runway has also been featured in The New Yorker, Fortune, Fast Company, MSNBC, and CNBC.
Here's a list of some of the notable media coverage Rent the Runway has received:
- TIME 100 Most Influential People: Jennifer Hyman
- NY Times: "The Transformational Bliss of Borrowing Your Office Clothes"
- NY Times: "Rent the Runway Now Valued at $1 Billion With New Funding"
- The New Yorker: "Rent the Runway Wants to Lend You Your Look"
- Fortune: "Rent the Runway CEO Jennifer Hyman on Hitting Unicorn Status While Nin...
- Fast Company: "Rent the Runway is now a unicorn"
- MSNBC: "Rent the Runway takes on work force issues"
- CNBC: "Rent the Runway CEO: People should think about their closets like stock p...
Accomplishments
Jennifer Hyman's accomplishments are truly inspiring. She co-founded Rent the Runway, a revolutionary clothing rental service that has disrupted the fashion industry.
With Rent the Runway, Jennifer Hyman has made it possible for women to rent designer dresses and accessories for a fraction of the retail price.
In 2019, Jennifer Hyman was named one of the most powerful women in the world by Forbes magazine.
Jennifer Hyman has also been recognized for her entrepreneurial spirit, being named a Young Global Leader by the World Economic Forum.
Frequently Asked Questions
Is Jennifer Hyman married?
Jennifer Hyman is married to Benjamin Stauffer, a television and film editor. They met on the dating app Hinge.
Why did Jennifer Fleiss leave Rent the Runway?
Jennifer Fleiss left Rent the Runway in 2017 to co-found Jetblack, a concierge shopping service, but remained on the board. She stepped down as a full-time executive to pursue this new venture.
What is Jennifer Hyman known for?
Jennifer Hyman is the Co-Founder and CEO of Rent the Runway, a fashion company that's revolutionizing women's fashion. She's a pioneer in the fashion-tech industry.
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