Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Peloton CEO stepped down. What a relief! Netflix CFO taking over.

https://www.cnbc.com/amp/2022/02/08/peloton-ceo-john-foley-to-step-down-transition-to-executive-chair-as-company-cuts-2800-jobs-says-report.html

This is GREAT news

Now as I predicted awhile ago, they will position the company to be purchased by Nike, Apple, Amazon etc

Anonymous wrote:

Anonymous wrote:Peloton CEO stepped down. What a relief! Netflix CFO taking over.

https://www.cnbc.com/amp/2022/02/08/peloton-ceo-john-foley-to-step-down-transition-to-executive-chair-as-company-cuts-2800-jobs-says-report.html

This is GREAT news

Anonymous wrote:Peloton CEO stepped down. What a relief! Netflix CFO taking over.

https://www.cnbc.com/amp/2022/02/08/peloton-ceo-john-foley-to-step-down-transition-to-executive-chair-as-company-cuts-2800-jobs-says-report.html

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Someone will buy them.

Amazon is getting floated as a buyer.

https://www.theverge.com/platform/amp/2022/2/4/22918596/peloton-amazon-acquisition-rumor-fitness-bike-wearables

Ugh I am hoping for apple, I feel like it will go downhill content wise with Amazon.

Anonymous wrote:

Anonymous wrote:Someone will buy them.

Amazon is getting floated as a buyer.

https://www.theverge.com/platform/amp/2022/2/4/22918596/peloton-amazon-acquisition-rumor-fitness-bike-wearables

Anonymous wrote:Someone will buy them.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

+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?

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!

By the time that is all done they will have no cash left

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.

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.

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!

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

Anonymous wrote:They need to have two companies, content and equipment. Allow the content to be used on any device and scale the hardware back to appropriate levels.

they never adjusted for their rush on sales until after the gyms started opening again, and then they never readjusted back.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

+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?

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!

By the time that is all done they will have no cash left

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.

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.

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!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

+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?

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!

By the time that is all done they will have no cash left

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.

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.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

+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?

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!

By the time that is all done they will have no cash left

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.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

+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?

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!

By the time that is all done they will have no cash left

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

+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?

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!