Ten years ago, Jenny Fleiss—entrepreneur and #RetailMaverick extraordinaire—made high fashion accessible when she co-founded Rent the Runway, a service that allowed people to rent designer dresses and accessories.
Now she’s breaking ground again at Walmart with Jetblack, the first portfolio company to come from Store No. 8. Here, she shares how she’s building productive teams and making strides toward a tech-friendly future as a member of the Walmart family.
“There are a lot of big players in the e-commerce landscape, and in thinking about the best way to grow and innovate, I think Walmart has so many opportunities, positioned as the top Fortune 500 company with this amazing asset of physical stores all across the U.S. and the world. I really believe that there’s this potential to move much faster by leveraging the ecosystem of this large business to fuel a startup.”
“According to Sam Walton’s book, it’s always been that each store is like its own little entrepreneurial ecosystem. I think the biggest piece of being an entrepreneur is learning from your surroundings, constantly taking in what customers are seeing, feeling, and saying.”