Peloton Out of Business?

[Anonymous]

Anonymous wrote:

Anonymous wrote:To go back to OP's question though, if you invested in the bike, and pay the 40 dollar subscription fee, how much more would you be willing to pay? 75? 100?

To keep my bike running? At least that per year.

The OP is talking per month.

[Anonymous]

If it gets sold, it won’t be forced years. They are too ambitious to exit at this point.

But I bet the Tread+ never gets re-released. And they scrap either the rower or the strength thing.

They are leveling back to prepandemic where they should be - good product, good community and interaction with that community, but not taking over fitness

[Anonymous]

Anonymous wrote:
They are leveling back to prepandemic where they should be - good product, good community and interaction with that community, but not taking over fitness

Makes sense. I use mine almost every day between the bike and the library of on demand classes, so it would be a big loss if it folded.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
They are leveling back to prepandemic where they should be - good product, good community and interaction with that community, but not taking over fitness

Makes sense. I use mine almost every day between the bike and the library of on demand classes, so it would be a big loss if it folded.

If they would add power zone training to the tread, I'd add the tread to hone gym next to my bike

[Anonymous]

I am a Peloton user and will say that I am surprised just because they have hired so many new instructors in the last few months! And on Linked In, almost every day welcoming new staff and noting the new factory in the mid west?

Anyway, I had mine pre-pandemic and still love it. The reason I love it is that I enjoy working out, want to stay fit, and the ease of doing so with the bike and online classes have been invaluable to me as a working parent. Between long commute ( pre pandemic), dc activities, and all responsibilities I can fit a great workout in - no excuses.

It’s not for everyone but I run or bike everyday and I added weights and core without going to a gym. When I used to run with a friend we had to coordinate schedules and I would also have to go to gym for workout. Peloton made it easy for me. I like the model but I can see how it does not work for everyone.

[Anonymous]

Anonymous wrote:If it gets sold, it won’t be forced years. They are too ambitious to exit at this point.

But I bet the Tread+ never gets re-released. And they scrap either the rower or the strength thing.

They are leveling back to prepandemic where they should be - good product, good community and interaction with that community, but not taking over fitness

this. thinking of buying the dip.

[Anonymous]

I think they are just going through some normal/clear growing pains. Also agree that this like, massive expansion during COVID gave them big heads.

But IMO they will continue to grow, where I see the clear potential is the fact that they are regularly adding other languages. First german and now spanish. They will move into more countries and grow that way.

I've had a peloton for a year, I've lost 40 pounds and exercised in a regular way like I never have before in my life. I would pay a lot more to keep it in my house. And if they folded and it became a paperweight tomorrow (which will never happen, because having the equipment in so many households would be a huge lost opportunity in income for whoever bought them if they happen to fold), I wouldn't regret a dime I spent on it. I'm not the only one, the jokes about it being a cult are accurate, because it works for us! If bowflex is still around, peloton will be fine, just not the juggernaut it became when everyone got locked in their houses for a year.

[Anonymous]

Anonymous wrote:I think they are just going through some normal/clear growing pains. Also agree that this like, massive expansion during COVID gave them big heads.

But IMO they will continue to grow, where I see the clear potential is the fact that they are regularly adding other languages. First german and now spanish. They will move into more countries and grow that way.

I've had a peloton for a year, I've lost 40 pounds and exercised in a regular way like I never have before in my life. I would pay a lot more to keep it in my house. And if they folded and it became a paperweight tomorrow (which will never happen, because having the equipment in so many households would be a huge lost opportunity in income for whoever bought them if they happen to fold), I wouldn't regret a dime I spent on it. I'm not the only one, the jokes about it being a cult are accurate, because it works for us! If bowflex is still around, peloton will be fine, just not the juggernaut it became when everyone got locked in their houses for a year.

I think that's part of the problem. They haven't made a profit, due to growth. Which can be fine. But when they miss their growth estimates, that's not sustainable.

They've reported missing their new user targets and a decline in people logging into the network.

That's not growing pains; that's shrinking pains

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think they are just going through some normal/clear growing pains. Also agree that this like, massive expansion during COVID gave them big heads.

But IMO they will continue to grow, where I see the clear potential is the fact that they are regularly adding other languages. First german and now spanish. They will move into more countries and grow that way.

I've had a peloton for a year, I've lost 40 pounds and exercised in a regular way like I never have before in my life. I would pay a lot more to keep it in my house. And if they folded and it became a paperweight tomorrow (which will never happen, because having the equipment in so many households would be a huge lost opportunity in income for whoever bought them if they happen to fold), I wouldn't regret a dime I spent on it. I'm not the only one, the jokes about it being a cult are accurate, because it works for us! If bowflex is still around, peloton will be fine, just not the juggernaut it became when everyone got locked in their houses for a year.

I think that's part of the problem. They haven't made a profit, due to growth. Which can be fine. But when they miss their growth estimates, that's not sustainable.

They've reported missing their new user targets and a decline in people logging into the network.

That's not growing pains; that's shrinking pains

What’s not “sustainable” is expecting them to have constant massive growth. There’s no reason at all they couldn’t have a very solid business based on the current user base with moderate growth.

[Anonymous]

there are so many successful publicly traded gym equipment companies that you can draw on as examples of why peloton will definitely be a successful business .................. ......

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think they are just going through some normal/clear growing pains. Also agree that this like, massive expansion during COVID gave them big heads.

But IMO they will continue to grow, where I see the clear potential is the fact that they are regularly adding other languages. First german and now spanish. They will move into more countries and grow that way.

I've had a peloton for a year, I've lost 40 pounds and exercised in a regular way like I never have before in my life. I would pay a lot more to keep it in my house. And if they folded and it became a paperweight tomorrow (which will never happen, because having the equipment in so many households would be a huge lost opportunity in income for whoever bought them if they happen to fold), I wouldn't regret a dime I spent on it. I'm not the only one, the jokes about it being a cult are accurate, because it works for us! If bowflex is still around, peloton will be fine, just not the juggernaut it became when everyone got locked in their houses for a year.

I think that's part of the problem. They haven't made a profit, due to growth. Which can be fine. But when they miss their growth estimates, that's not sustainable.

They've reported missing their new user targets and a decline in people logging into the network.

That's not growing pains; that's shrinking pains

What’s not “sustainable” is expecting them to have constant massive growth. There’s no reason at all they couldn’t have a very solid business based on the current user base with moderate growth.

They're losing money with their current user base.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:To go back to OP's question though, if you invested in the bike, and pay the 40 dollar subscription fee, how much more would you be willing to pay? 75? 100?

To keep my bike running? At least that per year.

The OP is talking per month.

OP- you think my bike is going to be in such bad shape I need $900-1200 of repairs per year? You are not even pretending to be objective. Do you work for Schwin or something?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think they are just going through some normal/clear growing pains. Also agree that this like, massive expansion during COVID gave them big heads.

But IMO they will continue to grow, where I see the clear potential is the fact that they are regularly adding other languages. First german and now spanish. They will move into more countries and grow that way.

I've had a peloton for a year, I've lost 40 pounds and exercised in a regular way like I never have before in my life. I would pay a lot more to keep it in my house. And if they folded and it became a paperweight tomorrow (which will never happen, because having the equipment in so many households would be a huge lost opportunity in income for whoever bought them if they happen to fold), I wouldn't regret a dime I spent on it. I'm not the only one, the jokes about it being a cult are accurate, because it works for us! If bowflex is still around, peloton will be fine, just not the juggernaut it became when everyone got locked in their houses for a year.

I think that's part of the problem. They haven't made a profit, due to growth. Which can be fine. But when they miss their growth estimates, that's not sustainable.

They've reported missing their new user targets and a decline in people logging into the network.

That's not growing pains; that's shrinking pains

What’s not “sustainable” is expecting them to have constant massive growth. There’s no reason at all they couldn’t have a very solid business based on the current user base with moderate growth.

They're losing money with their current user base.

This doesn't really take into account what has to have been a devastating earnings blow that was a result of the tread recall. I don't see how they could be losing otherwise since they sell the bike at cost (supposedly)

[Anonymous]

I have had my bike for 4 years or so and I love it so if Peloton truly bites the dust and the screen doesn’t work any more, I’ll just strap on an iPad or buy a bike from some other company. I like having the metrics from the bike and fresh classes but I don’t care if they are live and I don’t use the leaderboard.

[Anonymous]

There are so many better options out there - I much prefer iFit to Peloton.