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Peloton has a solid product, solid revenue, and a very devoted following. I think they will be fine as a medium sized company. The reality is they were just ove
by dcchambers 5y ago
Peloton has a solid product, solid revenue, and a very devoted following. I think they will be fine as a medium sized company. The reality is they were just overvalued as a result of the pandemic. It should have been obvious to anyone that the insane user growth they had wasn't sustainable.
- superultra 5y agoThis right here. Had the pandemic never happened, Peloton would have grown more slowly and appropriately. Instead they were like no-face in Spirited Away; they just kept eating and eating and getting bigger and bigger. I don’t know why they did this because someone internal had to know this was a one time thing. Yet they acted like they could just power through and sustain growth through mere force of will.