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You have to be clear if you're talking about Peloton as a financial investment or as a consumer product. As a product - there's real value there. If it's been
by jankyxenon 5y ago
You have to be clear if you're talking about Peloton as a financial investment or as a consumer product.
As a product - there's real value there. If it's been oversold as an investment, that's a different issue.
But millions of people are willing to pay $1000+ as an initial investment, then $40/month into perpetuity. With presumably good gross margin on both.
That's a good business