Peloton Out of Business?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Tough couple of weeks here for peloton. Either way, bizarrely obsessed haters will still be horrendously out of shape and gasping for air trying to make it up three flights of stairs.

Very strange that someone is so gleeful about a fitness company having financial problems.

The part I don’t understand is rooting so hard against Peloton—whose CEO, I agree, seems like a doofus—and implicitly for Amazon, an objectively terrible company doing a huge amount of harm in the world. Consolidation among a few huge companies (FAANG) is bad for everyone.

I've been rooting against them for years since both hearing their CEO speak years ago and seeing their ad campaigns (not just the one with the trophy wife needing to stay slim to please hubby)

Yeah, I get it. It’s hard to root for any publicly traded, for-profit company. They’re all varying degrees of gross! But it would be far better for the world if Peloton could succeed on its own rather than be sucked up by Amazon.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Tough couple of weeks here for peloton. Either way, bizarrely obsessed haters will still be horrendously out of shape and gasping for air trying to make it up three flights of stairs.

Because the only way to be healthy is by using a $1500 bike plus $39 a month. This is the only way. Anyone who does not cannot be fit.

Nobody here claimed that. The hyperbole above was posted as the equivalent of the stupid hate parade.

As already posted numerous time here, this specific at home fitness product has been a wild success for those of us with very little time. If your time is not worth $40/month for the content and whatever the cost of the bike is over time versus going to the gym I’d suggest you work harder to make your time more valuable.

I think you're missing the point here. I love my Peloton, but I also recognize that it is not objectively better for everyone than any other means of staying fit. People can choose to spend their time and money differently, and take different paths to fitness. Your attacks here are not helping your cause if you want to refute any sentiment that people that like Peloton are not judgmental, myopic, and just a dad fanatical.

Well, when you start from the position that "people that like Peloton are [] judgmental, myopic, and just a t[b]ad fanatical" then you are making an assumption. Nobody every said Peloton is "objectively better for everyone than any other means of staying fit." You made that up. Are there Peloton dorks that think that? Sure there are. I am not one of them.

What I take issue with is the weird hate fascination and the inability to do simple math. Each of the criticisms are easy set aside as to this specific mode of fitness when considered objectively. If you want to take it a step further, Zwift dorks hate on Peloton riders. We even had a thread on here bemoaning people for holding onto the side of a treadmill.

So, no. I am not missing anything. The weird hate parade is just that. Weird and sad. Nobody is standing atop their Peloton bike in superiority. And the few that do, are already loser douches anyways.

First, I did not start from that position. I stated that some have that sentiment, and that your statements are fueling it. There is a difference.
Second, I inferred from your bolded comment that you were implying that people do not work hard enough if they don't think buying the bike is worth their time. Was that not your point? If not, what was it?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Tough couple of weeks here for peloton. Either way, bizarrely obsessed haters will still be horrendously out of shape and gasping for air trying to make it up three flights of stairs.

Because the only way to be healthy is by using a $1500 bike plus $39 a month. This is the only way. Anyone who does not cannot be fit.

Nobody here claimed that. The hyperbole above was posted as the equivalent of the stupid hate parade.

As already posted numerous time here, this specific at home fitness product has been a wild success for those of us with very little time. If your time is not worth $40/month for the content and whatever the cost of the bike is over time versus going to the gym I’d suggest you work harder to make your time more valuable[b].

I think you're missing the point here. I love my Peloton, but I also recognize that it is not objectively better for everyone than any other means of staying fit. People can choose to spend their time and money differently, and take different paths to fitness. Your attacks here are not helping your cause if you want to refute any sentiment that people that like Peloton are not judgmental, myopic, and just a dad fanatical.

NP. I see people talk about Peloton being good for them and giving reasons why it works for them. This doesn’t imply that other ways aren’t good for others. Not sure it’s a zero sum game.

Honestly, anything that can help people be more active and fit is a good thing. I like their classes: they are fun and varied. I previously didn’t pay anything because my company had on site gym where we didn’t have to pay anything for access/classes etc. Even then, I don’t mind paying for Peloton monthly subscription. It works for me.

Doesn't the bolded imply that Peloton is better than the gym, and not just for the poster ho made the comment, but for everyone who "works hard enough to make their time valuable"?

[Anonymous]

I think the people that others are identifying as gleeful or something are jochen just express the “no $hit” level of unsurprise that is contrary to what Peloton lovers want to hear. You didn’t have to be a highly decorated business analyst with a specific focus in health and wellness to figure out that the Peloton business model was a house of cards that benefitted from both its trendiness and being smack dab in the middle of a global pandemic that forced people to work out at home.

It will remain to be seen if peloton can maintain its programming without benefit of its equipment sales.

And for those trying to compare it to Zwift, the two key markets for the product couldn’t be more different. Zwift also doesn’t tie you into a specific treadmill or bike the way Peloton tried to.

[Anonymous]

Anonymous wrote:I think the people that others are identifying as gleeful or something are jochen just express the “no $hit” level of unsurprise that is contrary to what Peloton lovers want to hear. You didn’t have to be a highly decorated business analyst with a specific focus in health and wellness to figure out that the Peloton business model was a house of cards that benefitted from both its trendiness and being smack dab in the middle of a global pandemic that forced people to work out at home.

It will remain to be seen if peloton can maintain its programming without benefit of its equipment sales.

And for those trying to compare it to Zwift, the two key markets for the product couldn’t be more different. Zwift also doesn’t tie you into a specific treadmill or bike the way Peloton tried to.

This is exactly it.

[Anonymous]

After today's news what do folks think, will Peloton be gobbled up by a FAANG or similar, preserving the platform for existing members, or will it flat out go out of business?

[Anonymous]

Anonymous wrote:After today's news what do folks think, will Peloton be gobbled up by a FAANG or similar, preserving the platform for existing members, or will it flat out go out of business?

Nah. Someone will buy it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:After today's news what do folks think, will Peloton be gobbled up by a FAANG or similar, preserving the platform for existing members, or will it flat out go out of business?

Nah. Someone will buy it.

At this point maybe a gym chain. There is no reason for a tech company to buy them and have to deal with the hardware business

[Anonymous]

I feel like the next six months will be telling. The new CEO took over this past quarter, it wasn't going to miraculously turn around in two months.

[Anonymous]

I read that NY people give Peloton bikes away for free on Buy Nothing groups, and wish people around here did the same! I could use one!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What is the appeal of Peleton? It is just a gym membership in disguise where YOU also have to pay for the equipment. What a joke.

How much is your time worth? My is worth a whole lot more than the cost of the equipment/subscription and the time it takes to get to the gym (at least 20 minutes each way). I use my tread+ (no longer sold) for distance race and triathlon training. I use my wife's peloton bike, but not as often. I still go to a gym for weight lifting.

How is this difficult to understand? The cost of this is easily a mild monthly wine habit, if you have one. Or a normal American's take out food habit.

+1

I have a Peloton and a gym membership. I strongly prefer the Peloton for spinning. I use the gym for weights and swimming.

The number of people on here who can afford a Peloton membership and a gym membership is shocking. I can't even afford one.

[Anonymous]

Gyms are gross. Covid made me create a home gym so much better! As long as my teenage son doesn’t drop the barbells.

[Anonymous]

I think they are smart to move to the rental model. Wish they had that when I bought one two years ago.

[Anonymous]

Anonymous wrote:I think they are smart to move to the rental model. Wish they had that when I bought one two years ago.

I think that's really risky. If people start returning the things, just picking them up will cost a fortune let alone refurbing them to the point that you can place them in another renter's home

[Anonymous]

I'm a fan of Peloton. I got the bike in August 2020 and I love the content across their entire platform--not just cycling. It got me back into working out regularly and I am plugged into lots of different Peloton fb groups that keep me accountable and motivated to work out. I don't think it's for everyone and have a handful of friends who bought the bike and decided they didn't like it. I think that's what we're seeing now. Waning interest in the bike and platform and I think it should just go back to what it was before--a niche exercise company for those truly devoted to it. It grew too big too quickly. I hope it does not go under. It keeps me moving and I love it.