Lastly, their competition is FREE. You can go running and biking outside. It is nice out there. Even a gym subscription provides more value. And yet, people bu

Lastly, their competition is FREE. You can go running and biking outside. It is nice out there. Even a gym subscription provides more value. And yet, people buy millions of stationary bikes, rowers, and treadmills. People actually commonly drive to the gym in amazing weather just to run on the treadmill. And people clearly disagree with you on Peloton and whether it has no value vs. riding a bike outside (which isn't free either, or even remotely the same experience), or they wouldn't have sold 250,000 of them. Also, you don't need much space for one of these bikes. I have multiple friends who have them in NYC apartments. I bet 80% of the US has enough space for one of these. The upfront cost is the bigger issue...and yet they've sold hundreds of thousands. Maybe people just value things differently than you?