Harvard | Mr. Soldier Boy
GMAT 720, GPA 3.72
Stanford GSB | Ms. CPA To MBA
GMAT 710, GPA 3.9
MIT Sloan | Mr. Michelin Man
GMAT 780, GPA 8.46/10
Stanford GSB | Mr. Airline Developer
GMAT 740, GPA 3.48
Harvard | Mr. Latino Banker
GRE 332, GPA 3.1
Stanford GSB | Mr. Lean Manufacturing
GMAT 720, GPA 3.6
Harvard | Mr. Native Norwegian
GMAT 730, GPA 4.0
Harvard | Mr. Big 4 Auditor
GMAT 740, GPA 3.55
Tuck | Mr. First Gen Student
GMAT 740, GPA 3.0
GMAT -, GPA 2.9
Kellogg | Mr. Concrete Angel
GRE 318, GPA 3.33
Darden | Ms. Environmental Engineer
GMAT 710, GPA 3.3
Kellogg | Mr. Go-Getter
GMAT 710, GPA 3.3
Columbia | Mr. Global Healthcare
GMAT 740, GPA 4.0
HEC Paris | Ms Journalist
GRE -, GPA 3.5
Kellogg | Mr. Innovator
GRE 300, GPA 3.75
Stanford GSB | Ms. Social Impact To Tech
GMAT -, GPA 3.5
Harvard | Mr. First Gen Consultant
GMAT 710, GPA 4.0 (First Class Honours)
Stanford GSB | Mr. JD Explorer
GRE 340, GPA 3.5
Georgetown McDonough | Mr. Automotive Project Manager
GMAT 680, GPA 3.5
NYU Stern | Mr. Honor Roll Student
GRE 320, GPA 3.1
Stanford GSB | Ms. Healthtech Venture
GMAT 720, GPA 3.5
Chicago Booth | Mr. Bank AVP
GRE 322, GPA 3.22
UCLA Anderson | Ms. Apparel Entrepreneur
GMAT 690, GPA 3.2
MIT Sloan | Mr. AI & Robotics
GMAT 750, GPA 3.7
Tuck | Mr. Liberal Arts Military
GMAT 680, GPA 2.9
Stanford GSB | Mr. Social Entrepreneur
GRE 328, GPA 3.0

The Harvard MBA Behind Stitch Fix

Still, it wasn’t easy. Having previously worked as a associate for Leader Ventures before B-school, Lake knew firsthand that investors could be skittish about women’s clothing. “There just aren’t that many venture investors who are excited about writing a half-million-dollar check to go buy a bunch of clothes, which is quite literally what we had to do to get the business off the ground,” she points out. Plus, most investors are men and few want to sit on the board of a female-fashion startup. Lake recalls one investor who loved the idea, the team, and the company’s prospects but ultimately turned them down because he simply couldn’t get excited about styling for women.


Luckily, dealing in pumps, cardigans, and the latest denim trends doesn’t deter investors anymore. In February 2013, the company closed $4.75 million in a Series A led by Baseline Ventures and Lightspeed Venture Partners. In October 2013, the startup secured another $12 million in a Series B led by Benchmark. Re/code reports a Series C of $30 million, but Lake says the number is unconfirmed.  Either way, the company boasts at least $16.75 million in investment.

As for advice to MBAs with the entrepreneurial itch, Lake recommends creating a wishlist of people you want to meet. Even when an investor turned her down, she’d ask for feedback and introductions. Big Data guru Eric Colson was on her wishlist and eventually joined Stitch Fix as chief algorithms and analytics officer. She met him when the company was still in its infancy with only five employees. “He had no place working for us at that time, but if you can talk to the right people early, and they can see you’re growing at 1,000%, and oh wow, you’ve done this, and they can experience it … that was something that paid off,” she says.

As for leaving the Bay for Harvard and taking out loans, Lake has no regrets. “I felt like  it was a great place to start a business because there was definitely an energy and an enthusiasm for people starting businesses … it was a really nice balance of having support and excitement  but at the same time not being over pushed into being an entrepreneur,” she says.

For Lake, the experience has been  “Truthfully, maybe I didn’t dream big enough, but this has definitely surpassed any expectations I could have had of what we could have done,” she says.

DON’T MISS: Rent the Runway’s Harvard Founders and The Enterprising Harvard MBAs Behind Birchbox