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I see your point that, for you, there's an appeal. But with so many comments disagreeing with me and saying there's "tons" of market I'm inclined to maintain my
by spyspy 7y ago
I see your point that, for you, there's an appeal. But with so many comments disagreeing with me and saying there's "tons" of market I'm inclined to maintain my point. I think the market (and evidenced by the way it's _marketed_) as it stands is not the general public. It's either people who are already paying gobs of money for cycling classes à la SoulCycle or already dishing out money for their cycling hobby. On the topic of a looming IPO, I don't see their growth continuing to accelerate for much longer.
- gamblor956 7y agoGenerally the people that use HN are not the target market for Peloton. In contrast to your POV, I know dozens of people who do already have Pelton subscriptions, or plan to get some. My office is planning to get 2 or 3 bikes for our exercise room. Peloton is too expensive to see startup-type growth much longer, but they've got something better: actual revenue and a path to profitability (if they're not already there).