Bloomberg
Rent the Runway Interviews Banks for U.S. IPO This Year
(Bloomberg) — Rent the Runway Inc. is interviewing banks in preparation for an initial public offering that could come as early as this year, according to people familiar with the matter.Discussions are at an early stage and the company could still decide not to pursue an offering, the people said, asking not to be identified because the matter is private.Rent the Runway, based in New York, raised funds last year at a valuation of $750 million, below its previous valuation of $1 billion, Bloomb
