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Rent the Runway currently has 5 physical locations being in New York, Chicago, Boston, Washington D.C, and San Francisco. They use these warehouses to ship out dresses to there current customers. These warehouses hold there thousands of dresses up for rent.

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Rent the Runways workforce is definitely a lot different then somebody would expect. Rent the Runway has around 1,500 employees. You would expect most of them to be fashionistas because it is a dress renting business but that is far from the truth. In the podcast Jenn stated that out of all of her employees only about 10 are fashionistas.

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In order for Rent the Runway to be successful they need to have many delivery drivers.  Rent the Runway has many more assets that help them produce there service such as mergers that sell them dresses in bulk for cheap. They drop new dresses on there website every Saturday so there stock is always changing.

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In 2007, Hyman and Fleiss met as sectionmates at Harvard. They regularly met up to discuss entrepreneurial ideas, one of which was Rent the Runway. After seeing her sister overspend on an expensive new dress for a wedding, Hyman had the idea of offering dress rentals for women for special events. This then turned into the founding of Rent the Runway in 2009.

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Hyman and Fleiss are both women entrepreneurs who have faced many challenges in the market. Hyman shared a heart breaking story in the podcast. In her first job she was in a meeting we her boss and many clients she was asking many questions because she was curious after the meeting her boss told her to shut up because she was a women and her questions weren’t valid.

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Rent the Runway currently has nearly 60,000 subscribers that rent and buy there products often. Rent the Runway has always been about giving women the value they deserve. Ever since the start Jenn Hyman has always felt that her company can give women purpose by being able to rent out beautiful dresses for cheap that women can feel great in.

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Rent the Runway had a very fast and unique start.  When Jenn Hyman’s sister kept spending thousands of dollars on dresses she would only end up wearing once it sparked an idea. Jenn and her sister contacted a famous fashionista near them and had an interview the next day. In less then 24 hours Jenn had created a business idea and pitched it. After she was turned down twice by this fashionista she was pushed to chase her dreams alone with her business partner Jenifer Fleiss. They were hustling trying to get the word out about there business. It took awhile but they finally caught a break when they met a news paper reported for New York. They ended up on the front page of the business section finally catching there break and sparking the birth of Rent the Runway.