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Jan Hyman is going to tell us about the founding of Rent the Runway today. And this is actually

a super important story. If you're a founder entering a space where your natural partners might be antagonistic to you at best in the

marketplace, so you have to win them over. And also how product market fit might work for the

other side of the equation and how you can overcome that. Fashion, rent the runway.

Jen Hyman, enjoy.

Jennifer, thanks for coming on to talk to us today.

Hi.

Was there someone in your background, family member, teacher, whatever, that had sort of an entrepreneurial or a business bent that maybe sent you in that direction at some point?

My father has been very entrepreneurial in his pursuits throughout his life, but

nothing related to, you know, building a tech company or raising venture capital in the way

that, like, we think about traditional entrepreneurship today, but certainly like the spirit of, you know,

having a crazy idea and going after it and having the resilience comes from him.

What about the internet?

I don't know if you were one of those people for whom, you know, once they're in their teen years or whatever, the internet is just everywhere.

But do you remember early usage of the internet, AOL, screen names, things like that?

Oh, yeah.

I mean, I am made fun of, still to this day, for my AOL instant messenger screen name, which I chose like

probably I was in like third or fourth grade. So, you know, I chose the name Broadway Jen

because I wanted to be some Broadway star, but it stayed with me for so many years that, you know,

...