We're continuing celebrating Women's History Month with our second special feature:
37-year-old Jurich, Sunrun’s CEO, settled into a chair in her office overlooking San Francisco’s sun-drenched downtown, with champagne bottles left over from the IPO celebration still congregating in a corner, and talked about Sunrun’s rocky journey. “All those people who are just selling something on the Internet? That’s a sales channel, not ‘disruption.’ We’re actually disrupting an industry,” said Jurich, whose laid-back manner betrays her Pacific Northwest roots. She studied science and technology at Stanford, then spent three years investing in financial services and tech companies at private equity firm Summit Partners. She went to business school hoping to become an entrepreneur.
There she met Ed Fenster, now 40, who had worked in private equity for Blackstone and as an executive at a phone insurance company. By early 2007, he was a few months into partnering with his friend Nat Kreamer, a former energy consultant, to start a business selling solar through “power purchase agreements.” Consumers would pay only for the energy they used, without paying to install and maintain rooftop panels.
**Kreamer left Sunrun in 2009 because the partners had what he called “different visions of how the company would evolve.
For more on this story, read the Forbes article.
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