Peloton Out of Business?

[Anonymous]

They will be fine. The stock trading activity had very little to do with the fundamentals anyway. This idea that they are going to just roll over is hilarious. They aren’t even looking for additional capital right now.

If you don’t understand peloton, that’s fine. Maybe you have infinite time to drive back and forth to the gym or a spin class. I don’t and that’s half or more of the value right there.

[Anonymous]

Anonymous wrote:They will be fine. The stock trading activity had very little to do with the fundamentals anyway. This idea that they are going to just roll over is hilarious. They aren’t even looking for additional capital right now.

If you don’t understand peloton, that’s fine. Maybe you have infinite time to drive back and forth to the gym or a spin class. I don’t and that’s half or more of the value right there.

+1

The bike content, plus their yoga and meditation classes, all available at my home, are invaluable for me.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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?

Do you know anything about how Peloton works? There is a monthly subscription fee. OP is speculating that the fee will increase so that the company can make more money. How much more per month would you (well not you, but a real Peloton owner) be willing to pay before you looked to switch to a different bike (there are many other options)?

There are no other options that truly replicate the peloton experience. None of the other bikes on the market have the same robust classes and instructors and leaderboard experience and community. And its fine to say that stuff doesn't matter, but to the people that have pelotons, it matters.

I'm sitting here thinking about what price increase would make me get rid of my peloton and TBH its a high number.

Well you need a lot of people who think like that and clearly that is what they are worried about. People scream when Netflix goes up by $1-2. If Peloton asks people to pay $10 more? They go under and they know it. They've reached penetration, now they need to innovate to stay afloat.

So first you claim that no one will pay a higher price. Then someone says, 'oh well yeah I would pay a higher price' and you shift to, 'well not enough people will pay a higher price'.

My financed peloton+ subscription costs $90 a month. That is on par with a basic gym and less than a more shi shi gym. It is a LOT less than a monthly pass at a spin studio. In my city a monthly membership would cost $188. A 20 class pack (I took 21 cycling peloton classes last month, not including any strength/barre/yoga) would cost $380. In Maryland that 20 pack at Soul Cycle (no monthly options available there!) would cost me $560.

There are not a lot of affordable options out there for someone who is dedicated to cycling outside of a home gym experience. I feel fairly sure you do not spin regularly or have any real idea of the costs or experiences involved based on the arguments that you're making. Peloton, while expensive, is a CHEAP solution for someone who wants to do a lot of spin classes.

I'm not sure you are legally allowed to use the term "chichi" if you are going to try to spell it that way.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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?

Do you know anything about how Peloton works? There is a monthly subscription fee. OP is speculating that the fee will increase so that the company can make more money. How much more per month would you (well not you, but a real Peloton owner) be willing to pay before you looked to switch to a different bike (there are many other options)?

There are no other options that truly replicate the peloton experience. None of the other bikes on the market have the same robust classes and instructors and leaderboard experience and community. And its fine to say that stuff doesn't matter, but to the people that have pelotons, it matters.

I'm sitting here thinking about what price increase would make me get rid of my peloton and TBH its a high number.

Well you need a lot of people who think like that and clearly that is what they are worried about. People scream when Netflix goes up by $1-2. If Peloton asks people to pay $10 more? They go under and they know it. They've reached penetration, now they need to innovate to stay afloat.

So first you claim that no one will pay a higher price. Then someone says, 'oh well yeah I would pay a higher price' and you shift to, 'well not enough people will pay a higher price'.

My financed peloton+ subscription costs $90 a month. That is on par with a basic gym and less than a more shi shi gym. It is a LOT less than a monthly pass at a spin studio. In my city a monthly membership would cost $188. A 20 class pack (I took 21 cycling peloton classes last month, not including any strength/barre/yoga) would cost $380. In Maryland that 20 pack at Soul Cycle (no monthly options available there!) would cost me $560.

There are not a lot of affordable options out there for someone who is dedicated to cycling outside of a home gym experience. I feel fairly sure you do not spin regularly or have any real idea of the costs or experiences involved based on the arguments that you're making. Peloton, while expensive, is a CHEAP solution for someone who wants to do a lot of spin classes.

I'm not sure you are legally allowed to use the term "chichi" if you are going to try to spell it that way.

Au contraire

https://www.google.com/amp/s/www.urbandictionary.com/define.php%3Fterm%3Dshi-shi%26amp%3Dtrue

https://www.urbandictionary.com/define.php?term=Chi%20Chis

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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?

Do you know anything about how Peloton works? There is a monthly subscription fee. OP is speculating that the fee will increase so that the company can make more money. How much more per month would you (well not you, but a real Peloton owner) be willing to pay before you looked to switch to a different bike (there are many other options)?

There are no other options that truly replicate the peloton experience. None of the other bikes on the market have the same robust classes and instructors and leaderboard experience and community. And its fine to say that stuff doesn't matter, but to the people that have pelotons, it matters.

I'm sitting here thinking about what price increase would make me get rid of my peloton and TBH its a high number.

Well you need a lot of people who think like that and clearly that is what they are worried about. People scream when Netflix goes up by $1-2. If Peloton asks people to pay $10 more? They go under and they know it. They've reached penetration, now they need to innovate to stay afloat.

So first you claim that no one will pay a higher price. Then someone says, 'oh well yeah I would pay a higher price' and you shift to, 'well not enough people will pay a higher price'.

My financed peloton+ subscription costs $90 a month. That is on par with a basic gym and less than a more shi shi gym. It is a LOT less than a monthly pass at a spin studio. In my city a monthly membership would cost $188. A 20 class pack (I took 21 cycling peloton classes last month, not including any strength/barre/yoga) would cost $380. In Maryland that 20 pack at Soul Cycle (no monthly options available there!) would cost me $560.

There are not a lot of affordable options out there for someone who is dedicated to cycling outside of a home gym experience. I feel fairly sure you do not spin regularly or have any real idea of the costs or experiences involved based on the arguments that you're making. Peloton, while expensive, is a CHEAP solution for someone who wants to do a lot of spin classes.

I'm not sure you are legally allowed to use the term "chichi" if you are going to try to spell it that way.

Au contraire

https://www.google.com/amp/s/www.urbandictionary.com/define.php%3Fterm%3Dshi-shi%26amp%3Dtrue

https://www.urbandictionary.com/define.php?term=Chi%20Chis

Sorry, urban dictionary is not a valid source for any slang term that’s more than 20 years old.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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?

Do you know anything about how Peloton works? There is a monthly subscription fee. OP is speculating that the fee will increase so that the company can make more money. How much more per month would you (well not you, but a real Peloton owner) be willing to pay before you looked to switch to a different bike (there are many other options)?

There are no other options that truly replicate the peloton experience. None of the other bikes on the market have the same robust classes and instructors and leaderboard experience and community. And its fine to say that stuff doesn't matter, but to the people that have pelotons, it matters.

I'm sitting here thinking about what price increase would make me get rid of my peloton and TBH its a high number.

Well you need a lot of people who think like that and clearly that is what they are worried about. People scream when Netflix goes up by $1-2. If Peloton asks people to pay $10 more? They go under and they know it. They've reached penetration, now they need to innovate to stay afloat.

So first you claim that no one will pay a higher price. Then someone says, 'oh well yeah I would pay a higher price' and you shift to, 'well not enough people will pay a higher price'.

My financed peloton+ subscription costs $90 a month. That is on par with a basic gym and less than a more shi shi gym. It is a LOT less than a monthly pass at a spin studio. In my city a monthly membership would cost $188. A 20 class pack (I took 21 cycling peloton classes last month, not including any strength/barre/yoga) would cost $380. In Maryland that 20 pack at Soul Cycle (no monthly options available there!) would cost me $560.

There are not a lot of affordable options out there for someone who is dedicated to cycling outside of a home gym experience. I feel fairly sure you do not spin regularly or have any real idea of the costs or experiences involved based on the arguments that you're making. Peloton, while expensive, is a CHEAP solution for someone who wants to do a lot of spin classes.

I'm not sure you are legally allowed to use the term "chichi" if you are going to try to spell it that way.

Au contraire

https://www.google.com/amp/s/www.urbandictionary.com/define.php%3Fterm%3Dshi-shi%26amp%3Dtrue

https://www.urbandictionary.com/define.php?term=Chi%20Chis

Oh. Wow. That's ... urban dictionary. It isn't really a dictionary. You know that, right? It's slang, and joke words, and stuff? I mean, they have real words, too, but it's kind of like asking your toddler the spelling of a word.

Actual dictionaries:
Merriam-Webster: https://www.merriam-webster.com/dictionary/chichi
Dictionary.com: https://www.dictionary.com/browse/chichi
Cambridge English: https://dictionary.cambridge.org/dictionary/english/chichi
Collins: https://www.collinsdictionary.com/dictionary/english/chichi

But now we are way off the topic of Peloton, although some may consider it chichi.

[Anonymous]

Nothing demonstrates the snarky of this forum better than spell checking a slang term.

If you don’t under peloton that’s fine. If you feel some sort of Schadenfreude watching a stock drop that had very little to do with the fundamentals then it might be you. The cost of a peloton bike and the monthly subscription is probably the average of what an American spends on garbage take out a month. People suck at math and buy expensive cars and clothes, and the. take issue with convenient health spend. That makes a ton of sense.

[Anonymous]

Yes, criticism stings.

[Anonymous]

Anonymous wrote:Yes, criticism stings.

I am sure you are looking forward to all the holiday lights in the neighborhood so you can judge them all in a journal.

Meanwhile, what peloton trades at isn’t very meaningful. A lot of people made a lot of money on the completely irrational run up run down run up and now it’s in a channel. I certainly did and can pay for at least five years of the subscription.

Meanwhile, people that appreciate the product for what it is and know that peloton has cash on its balance sheet aren’t worried they are going to go bankrupt anytime soon. The time savings alone is worth the subscription fee. Unless your time isn’t worth anything, but that may just be the case.

[Anonymous]

I'm happy you are happy with your purchase, PP, and hope it continues to fulfil all your expectations. May we all be as happy with our own purchases of other things.

[Anonymous]

Anonymous wrote:They will be fine. The stock trading activity had very little to do with the fundamentals anyway. This idea that they are going to just roll over is hilarious. They aren’t even looking for additional capital right now.

If you don’t understand peloton, that’s fine. Maybe you have infinite time to drive back and forth to the gym or a spin class. I don’t and that’s half or more of the value right there.

To add to this, ride sharing services have been losing money for years, and keep getting capital infusions. I expect the same will happen with Peloton.

There will be a day of reckoning for all of these companies (Peloton, uber, etc.). It's probably not imminent for Peloton.

[Anonymous]

Anonymous wrote:

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

Exactly. People are acting like Peloton emerged from the ether in March 2020. It was around and growing for years before that, and SoulCycle was already on the decline in 2017 (according to this article: https://www.vox.com/the-goods/22195549/soulcycle-decline-reopening-bullying-bike-explained). Peloton had crazy growth for a year or so, and now there’s a correction. But there were lots of people who bought it well before the pandemic because they love the convenience and hate the gym, and those people will continue to exist even in a post-pandemic world. I’m one of them; I don’t even like the community, but I like spinning as exercise, like the instructors, and am thrilled never to have to go to a gym again. (For the people who are into the community, it’s a whole other level of commitment.)

I’ve also started to take strength and stretching classes, so I’m getting increasing value from the monthly membership, and other members of my family use it occasionally, as well. To answer OP’s question, I’d certainly pay more than $40/month—I honestly think that’s a huge bargain and am surprised they haven’t increased it yet—and probably wouldn’t start complaining until it crossed $75/month.

Yeah, SoulCycle is not doing well. They've had multiple studio closures since last year, and many of their top instructors left pre-pandemic; this accelerated once they reopened their studios. They're not getting the volume that they used to, thanks in part to Peloton's explosion during the past year.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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

Exactly. People are acting like Peloton emerged from the ether in March 2020. It was around and growing for years before that, and SoulCycle was already on the decline in 2017 (according to this article: https://www.vox.com/the-goods/22195549/soulcycle-decline-reopening-bullying-bike-explained). Peloton had crazy growth for a year or so, and now there’s a correction. But there were lots of people who bought it well before the pandemic because they love the convenience and hate the gym, and those people will continue to exist even in a post-pandemic world. I’m one of them; I don’t even like the community, but I like spinning as exercise, like the instructors, and am thrilled never to have to go to a gym again. (For the people who are into the community, it’s a whole other level of commitment.)

I’ve also started to take strength and stretching classes, so I’m getting increasing value from the monthly membership, and other members of my family use it occasionally, as well. To answer OP’s question, I’d certainly pay more than $40/month—I honestly think that’s a huge bargain and am surprised they haven’t increased it yet—and probably wouldn’t start complaining until it crossed $75/month.

Yeah, SoulCycle is not doing well. They've had multiple studio closures since last year, and many of their top instructors left pre-pandemic; this accelerated once they reopened their studios. They're not getting the volume that they used to, thanks in part to Peloton's explosion during the past year.

And that right there is another issue.
And also, can we talk about "financing" your daily workout? Just go outside and run. It's free.

[Anonymous]

I used to find the level of discourse on DCUM to be high. Lots of intelligent DC folks weighing in. More and more, it is becoming obvious that the board is being taken over by a crowd with a lower intellect. This thread is a prime example. Most people on this thread have zero idea what they are talking about.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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

Exactly. People are acting like Peloton emerged from the ether in March 2020. It was around and growing for years before that, and SoulCycle was already on the decline in 2017 (according to this article: https://www.vox.com/the-goods/22195549/soulcycle-decline-reopening-bullying-bike-explained). Peloton had crazy growth for a year or so, and now there’s a correction. But there were lots of people who bought it well before the pandemic because they love the convenience and hate the gym, and those people will continue to exist even in a post-pandemic world. I’m one of them; I don’t even like the community, but I like spinning as exercise, like the instructors, and am thrilled never to have to go to a gym again. (For the people who are into the community, it’s a whole other level of commitment.)

I’ve also started to take strength and stretching classes, so I’m getting increasing value from the monthly membership, and other members of my family use it occasionally, as well. To answer OP’s question, I’d certainly pay more than $40/month—I honestly think that’s a huge bargain and am surprised they haven’t increased it yet—and probably wouldn’t start complaining until it crossed $75/month.

Yeah, SoulCycle is not doing well. They've had multiple studio closures since last year, and many of their top instructors left pre-pandemic; this accelerated once they reopened their studios. They're not getting the volume that they used to, thanks in part to Peloton's explosion during the past year.

And that right there is another issue.
And also, can we talk about "financing" your daily workout? Just go outside and run. It's free.

For one it’s cold AF outside right now. Also, not everybody wants to run or even can run. Not everyone wants to run in an uncontrolled environment. I’ve been hit by a car running in this area because people just don’t pay attention. I’ve also had multiple injuries because of unlimited uneven sidewalks and pavement.

While you are at it, you might as well disconnect your internet and the heat. Who wants to pay for that, it’s for the birds. Just burn some wood on the floor in your bedroom. It’s probably free.