When's the right time for hypergrowth? Should you take investment when you don’t need the money? How do you deal with an exhausted team? Global entrepreneurs facing hyperfast growth ask Reid their questions about raising capital, pivoting their product, bootstrapping vs. blitzscaling and more. Featuring six entrepreneurs from Endeavor, and cohosted by Harvard professor Youngme Moon, of the great HBS podcast After Hours. Youngme Moon is the Donald K. David Professor of Business at Harvard Business School; the author of the bestselling book Different: Escaping the Competitive Herd; and co-host of After Hours, presented by Harvard Business Review. Read a transcript of Strategy Session 2 at: https://mastersofscale.com/global-strategy-session/ Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribe See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Rent the Runway co-founder Jenn Hyman knows: Behind every successful business is another business backstage, one you might not expect. Rent the Runway is known for creating a glamorous "closet in the cloud,” but as Hyman explains, it achieved unicorn status by mastering a few less glamorous businesses — including the world’s largest dry-cleaning operation, and a data insights practice that’s changing the fashion industry. Cameo appearance: Kevin Venardos (Venardos Circus); Stewart Butterfield (Slack). Read Jenn Hyman's essay on the making of this episode: https://www.linkedin.com/pulse/mastering-businesses-behind-our-business-jennifer-hyman/ Learn more about the Venardos Circus: https://www.venardoscircus.com/ Read a transcript of this interview at: https://mastersofscale.com/jenn-hyman-the-secret-business-behind-the-business/ Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribe See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.