Glossier and Rent the Runway join a small group of female-founded billion-dollar companies Presented by Vanguard_Group
,"We have many strategic paths forward, obviously one of them is becoming a public company." Hyman mentioned that Franklin Templeton and T. Rowe Price would be valuable partners for an initial public offering because mutual funds often back later-stage startups before companies sell shares to the public.
Stitch Fix, Eventbrite and Care.com are three recent female-founded companies to become publicly traded. When Katrina Lake took Stitch Fix public in 2017, Hyman was excited because it could pave the way for more women. “I want her to have a huge positive outcome because it does something really important for female entrepreneurs and, specifically, founder-CEOs,” she told, “I want her to have this success because we work in an industry where pattern recognition is still the name of game.
Elana Lyn Gross is a freelance journalist and student at Columbia University Graduate School of Journalism. Find her at
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