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You made a pretty inflammatory comment: "the market is people rich and lazy enough that don't want do the first half of the work". He's just explaining that th

You made a pretty inflammatory comment: "the market is people rich and lazy enough that don't want do the first half of the work". He's just explaining that there is a market. It's probably an enthusiast market as well as wealthy people that can make this an impulse buy, but the opportunity for growth is to convince a much more general market to finance the bike and justify the monthly costs like they do their cable/streaming bills. I understand you didn't want to interview for the job, I get not wanting to work on a product you don't care for... I just think your other comments made little sense and seemed more inflammatory than anything.

spyspy 7y ago
Sorry it wasn't meant to be inflammatory, brevity is hard. But has any fitness fad ever threatened the cable industry? I don't see anyone cancelling their netflix subscription in order to afford this thing. But based on all the responses claiming there's "tons" of market I'm still inclined to disagree. The market seems to just be people already really into cycling (either outdoors or spin classes) and are currently pouring money into those hobbies. Maybe it's a wildly bigger market than I imagine but if I was putting my money on it, and we're talking about an IPO here, I'd say that Peloton's best growth will soon be behind them and they're trying to cash out while they can.
- bstar77 7y ago
  I wasn't suggesting that people cancel netflix or cable, I was just saying that this expense could fall into a similar category. I personally am willing to spend a certain amount of money towards my health each month if it's effective. "The market seems to just be people already really into cycling" This is not true, I see tons of people that are just getting into spin/cycling for the first time. I think the primary customers are people that don't mind using a bike, need to be motivated and have busy lives. We'll see what happens, but I think there's a lot of growth to be had, especially if they try and compete with Tonal.

spyspy 7y ago

Sorry it wasn't meant to be inflammatory, brevity is hard. But has any fitness fad ever threatened the cable industry? I don't see anyone cancelling their netflix subscription in order to afford this thing. But based on all the responses claiming there's "tons" of market I'm still inclined to disagree. The market seems to just be people already really into cycling (either outdoors or spin classes) and are currently pouring money into those hobbies. Maybe it's a wildly bigger market than I imagine but if I was putting my money on it, and we're talking about an IPO here, I'd say that Peloton's best growth will soon be behind them and they're trying to cash out while they can.

bstar77 7y ago
I wasn't suggesting that people cancel netflix or cable, I was just saying that this expense could fall into a similar category. I personally am willing to spend a certain amount of money towards my health each month if it's effective. "The market seems to just be people already really into cycling" This is not true, I see tons of people that are just getting into spin/cycling for the first time. I think the primary customers are people that don't mind using a bike, need to be motivated and have busy lives. We'll see what happens, but I think there's a lot of growth to be had, especially if they try and compete with Tonal.