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Hi, I'm Cara Swisher, Executive Editor of Recode. You may know me as an entrepreneur who rents out my extensive collection of Angry Bird t-shirts,

but in my spare time I talk about tech and you're listening to recode decode, a podcast about tech and media's key players, big ideas, and how they're changing the world we live in.

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Today in the red chair is Jennifer Heimann, the CEO and co-founder of Rent the Runway, which launched in 2009.

The business started online, but now operates brick and mortar stores in six cities across the country.

Jennifer, welcome to recode decode.

Hi.

Hi, and joining me for the interview with Jennifer is recode senior commerce reporter Jason Delray, who knows more about this topic than I do.

I'm blushing, you can't see it, but I am.

So we're talking about a lot of things, but Jennifer, why don't you first start by talking about...

You've been around a long time, you're an old star in online commerce, really.

I don't feel that way.

All right.

Just celebrated our seven-year anniversary.

...