&quot;Rent the Runway has been valued at $500 million. It asked Fortune not to publish this story because it could hurt the company’s ability to raise money.&quot;<p>It&#x27;s not the media&#x27;s job to help you raise money, it&#x27;s their job to report the facts. And frankly if your executive churn is that freaking high and so many prior employees have issues like they seem to, you probably shouldn&#x27;t be raising money.<p>Also, this might just be me, but does anyone else miss the good old days when you&#x27;d start a business and your success was determined by how much money you actually made, not how much money you got a bunch of investors to give you, just to burn on fancy offices and expensive toys, then crash the company in a few years and retire to write a book? This whole system seems incredibly screwed.