brad262run, 📈📉 #Peloton plummeted from a pandemic-high valuation of $50 billion to $2.1 billion as of December 2023”
“Loyal fans and a sticky product should equal piles and piles of money … But it’s not rolling in cash. Some of that might be because it’s not always clear what #Peloton views its product to be”
#Peloton doesn’t want to be a #media company — but a lot of its problems sure look like #media company problems”
https://www.theverge.com/c/24105625/peloton-bike-tread-plus-business-valuation-history #fitness #bike #treadmill #talentmanagement #licensing