Cultivating a New Crop

Susan Lyne, the chairman and former CEO of Gilt Groupe, a flash-sale site valued in 2011 at $1 billion, has attended Peretsman’s events and has also profited from mentoring young women. Lyne says that for the past ten years, she has met with at least two gals per week who are somehow referred to her. She keeps it short, never more than thirty minutes, and gets straight to the point: What should this woman know to move forward? Whom can Lyne connect her with? How can she help?

“The longer you’re working, the more you realize how things like that pay back a thousandfold. I hear so often from someone from Spencer Stuart, or another recruiting firm checking on me, that they heard something nice about me. Sometimes I don’t even ...

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