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9 to 5ish with theSkimm

Katrina Lake, co-founder and CEO of Stitch Fix: “Mini bottles of wine in hotel coffee cups.”

9 to 5ish with theSkimm

theSkimm

Entrepreneurship, Careers, Business

4.71.9K Ratings

🗓️ 25 July 2018

⏱️ 40 minutes

🧾️ Download transcript

Summary

Katrina Lake spent the first part of her career watching other entrepreneurs pitch their companies to her VC firm. But then she decided she wanted to try it out herself. So she went to Harvard Business School and started her own company. Today, you know it as the multibillion-dollar online styling service Stitch Fix. And when she took Stitch Fix public in 2017, Katrina became the youngest woman to lead a company to IPO. Ever. NBD. On the couch, she talks to us about deciding to go to business school, hiring and managing a team, and not taking her dad’s advice.

Transcript

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0:00.0

Hi, I'm Carly Bacon.

0:03.4

And I'm Danielle Weisberg, and we're the co-founders of The Skim.

0:07.2

Welcome to our podcast, Skimmed From the Couch.

0:10.1

On every episode we invite smart, inspiring successful women to chat candidly about what

0:15.1

it takes to get to the top and then what it's like when you actually get there.

0:19.0

So this is a podcast about the real stuff, the crappy days, the bad advice, the first first big career win and the people who are there

0:25.0

for the highest of highs and the lowest of lows we started the skim from a couch and we have

0:29.8

only one rule on this one no BS.

0:32.7

Join us in welcoming Katrina Lake to the couch.

0:36.1

Wow, we are amazed by Katrina.

0:39.4

She went to school to be a doctor,

0:41.3

but turned to economics instead.

0:44.0

Katrina ended up working in venture capital after school and after watching other

0:48.6

founders pitch their companies to investors she decided to start her own.

0:53.0

Stitch Fix.

0:54.2

The online styling service was unofficially started in 2010 while she was at Harvard Business

0:59.1

School.

1:00.0

Flash forward a few years.

1:02.4

When Stitch Fix I P.Oed, Katrina became the youngest woman

1:05.8

ever to take a company public.

1:08.3

Amazing.

1:09.4

And it was pretty successful.

...

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