Jenn Hyman

15 statements across 3 episodes · 5 bullish · 4 bearish · 2 people on the record · first statement Aug 7, 2017 by Jenn Hyman · across every show →

Everything said about Jenn Hyman, oldest first

Aug 7, 2017 negative
Assertion Not checkable as stated
Male VCs told Hyman they needed to consult their wives or admins
“That wasn't one investor, that was most. Let me talk to my wife, my daughter, or my admin. Those were the three, you know, target customers that we would hear.”
Jenn Hyman Aug 7, 2017 ▶ 30:21 Rent The Runway: Jenn Hyman
Aug 7, 2017 negative
Assertion Not checkable as stated
Hyman: Harasser called Rent the Runway board member claiming CEO unresponsiveness
“And then this person decided to call one of my board members up on the phone and say, you know, Jen never responds to me. And I think that this is a real problem, and She's a really unresponsive CEO, and she's probably, if she's doing this to me, she's probabl…”
Jenn Hyman Aug 7, 2017 ▶ 33:30 Rent The Runway: Jenn Hyman
Aug 7, 2017
Insight
Hyman: Always schedule the second meeting during the first meeting
“I've always learned, you know, when you're in the first meeting, schedule the second meeting.”
Jenn Hyman Aug 7, 2017 ▶ 14:54 Rent The Runway: Jenn Hyman
Aug 7, 2017
Disclosure
Hyman: Rent the Runway cut ties with an investor after harassment
“I proceeded to tell everyone else on my board, as well as some key executives who were working with me at Rent the Runway at the time, and the board was unbelievably supportive, and we decided that we were not going to do business anymore with this individual …”
Jenn Hyman Aug 7, 2017 ▶ 35:22 Rent The Runway: Jenn Hyman
Aug 7, 2017
Disclosure
Jenn Hyman: One investor sexually harassed her while building Rent the Runway
“I, through the process of building Rent the Runway, was sexually harassed by one individual, and I'm happy to share that experience. However, I will say that I've had interactions with dozens and dozens of venture capitalists at dozens of firms, and this was j…”
Jenn Hyman Aug 7, 2017 ▶ 31:52 Rent The Runway: Jenn Hyman
Aug 7, 2017 bullish
Prediction Open · timeframe Aug 2020
Hyman: Rent the Runway will become a multi-billion dollar company
“I was always confident that I would turn Rent the Runway into a consumer behavior that millions of people did, and that I would build a, you know, I still believe we're going to build a multi-billion dollar company.”
Jenn Hyman Aug 7, 2017 ▶ 45:06 Rent The Runway: Jenn Hyman
Aug 7, 2017
Assertion Supported
Founders Jenn Hyman and Jennifer Fleiss each own 13% of the company
“Both Jen and Jennifer each own 13% of the company, and it's put them on Forbes' list of the richest self-made women to watch.”
Guy Raz Aug 7, 2017 ▶ 48:54 Rent The Runway: Jenn Hyman
Aug 7, 2017 positive
Insight
Hyman: Young consumers prioritize the experience of wearing fashion over ownership
“I realized I was having a conversation with my sister about the experience of wearing an amazing dress, of walking into a party feeling self-confident and feeling beautiful, and that's what she cared about. And she didn't care about the actual ownership of the…”
Jenn Hyman Aug 7, 2017 ▶ 11:08 Rent The Runway: Jenn Hyman
Jun 4, 2020
Assertion Contradicted
Hyman: 50% of women leave the workforce after having children
“One of the biggest challenges for women has been that 50% of women leave the workforce after they have kids”
Jenn Hyman Jun 4, 2020 ▶ 21:32 How I Built Resilience: Live with Jenn Hyman
Jun 4, 2020 bullish
Prediction Not checkable as stated
Hyman: Remote work may be the best thing for women's empowerment
“This actually may be the best thing to ever happen to women's empowerment. You know, the idea of more remote work and to trust that we can do it in a more livable, thoughtful way. This actually may be the thing that levels the playing field.”
Jenn Hyman Jun 4, 2020 ▶ 21:59 How I Built Resilience: Live with Jenn Hyman
Mar 13, 2025 positive
Insight
Hyman: Direct Pricing Surveys Fail; Founders Must A/B Test Pricing Online
“Customers will never tell you that they're willing to spend more. From a price standpoint, I think the way to do it is via an online A-B test where you can have some pretty simple software on your website that enables 50% of people to see one price and 50% to …”
Jenn Hyman Mar 13, 2025 ▶ 17:43 Advice Line with Jenn Hyman of Rent The Runway
Mar 13, 2025 bearish
Insight
Hyman: Businesses Cannot Be Profitable When Labor Comprises 50% of P&L
“I think consumers might be willing to pay a price premium, but regardless of whether they will, you cannot make money if labor is 50% of the cost of your P and L.”
Jenn Hyman Mar 13, 2025 ▶ 16:11 Advice Line with Jenn Hyman of Rent The Runway
Mar 13, 2025 negative
Insight
Hyman: Consumers Prioritize Aesthetics and Price Over Sustainability When Paying
“A customer will speak about their value of sustainability or local, but in reality, when they take out their wallet, what they care about is they just like the way that product looks and the value, the way they feel, the like, they like the way they feel in th…”
Jenn Hyman Mar 13, 2025 ▶ 14:26 Advice Line with Jenn Hyman of Rent The Runway
Mar 13, 2025 neutral
Assertion Not checkable as stated
Hyman: Rent the Runway Refined Core Concept by Pitching Directly
“Now, we didn't really have a structured idea. So, you know, we were kind of iterating the idea By pitching it.”
Jenn Hyman Mar 13, 2025 ▶ 44:27 Advice Line with Jenn Hyman of Rent The Runway
Mar 13, 2025 positive
Insight
Hyman: Intimate Customer Conversations Yield Better Insights Than Massive Surveys
“I think sometimes people think that data has to be big data in order to matter. And I've found even at the size that we are, that sometimes it's the small data. It's the conversations with, you know, eight women at dinner. That give you better insight than the…”
Jenn Hyman Mar 13, 2025 ▶ 12:31 Advice Line with Jenn Hyman of Rent The Runway
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