Reply to Peloton Out of Business?

Forum Index » Diet, Nutrition & Weight Loss

Reply to "Peloton Out of Business?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think the CEO of peloton is just bad at business. He is in over his head. They will get straightened out. He just has to come to the realization that he sucks.[/quote]

+100  he wants to be besties with the instructors, talk about how amazing his wife is, and get social media cool point.  Actually running a company?  What's that?[/quote]

Yes! And she runs the apparel section, that has to be hemorrhaging money because the exercise clothing market is saturated. If they rein in spending— close the stores (bricks & mortar?), cut back on payroll, create a boutique delivery/service experience, continue adding new content (like the game I’m testing that is just blowing fat off me!) they will return to profitability. The bike is excellent, content is stellar, and community outstanding![/quote]

By the time that is all done they will have no cash left [/quote]

They still have revenue. They just need to adjust to reality and get out of the pandemic spending orgy. The spending orgy tells me the CEO isn’t very bright because he didn’t recognize the anomaly of increased revenue tied to lockdown. [/quote]

Just as predicted:

https://www.reuters.com/business/activist-investor-blackwells-capital-call-peloton-fire-ceo-wsj-2022-01-24/

Blackwell investors pushing CEO to be fired. He is out of his league to run a company.[/quote]

As a devoted Peloton customer this is good news to me. I think he is in over his head and as someone with a strong vested interest in the company not going under because I literally don't know what I would replace it with I want them to recover![/quote]

Me too.  Foley needs to go.  He sees the company as some sort of vanity project to catapult him and his family to stardom.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics