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Any institution that invested in "home workout" stuff deserves to lose every dollar they put in, how could you not see that coming.

alecbz 4y ago
Would you say the same about working from home generally, which seems to have more staying power (even if we are seeing some return to office)? It seems not-crazy to me that someone would have thought that WFH was going to stick around post-COVID and thus also make people want to keep being able to work out from home.
- skrtskrt 4y ago
  they’re quite different first and foremost, working out at home has always been available. If you prefer working out at home you were probably already doing it. Second, a lot of people enjoy a social aspect of gyms, or even just find it motivating to be around other people working out even if you don’t talk to them. You only have to spend a little time around fitness oriented folks to know workout at home was never going to stick I worked in a consumer goods VC during this time and we couldn’t believe anyone was touching these companies, most were just instagram-aesthetic branding on cheap machines
  - stockboss 4y ago
    as a bodybuilder for 20 years, i completely agree with you. working out at home has never had the same appeal to me or anyone else i knew who worked out as going to a gym. i got a peloton during covid isolation and it simply wasn't the same. i went to the gym the first day it opened and so did every other regular. i knew peloton wasn't going to continue thriving, however i do have to say they have very quality equipment so they'll probably continue to do okay.
    - deleted 4y ago
      [deleted]
    - moneywoes 4y ago
      Any poignant advice for a skinny person spinning wheels For a year?
    - notfromhere 4y ago
      Yeah but regular gym goers aren’t really the target market. That’s a small market as is and companies depending on it plateau pretty quickly
  - moneywoes 4y ago
    With your experience, what do you see working out?
smabie 4y ago
Conversely, did you see it coming and make a ton of money?
- skrtskrt 4y ago
  you can’t really short private companies as a normal person and even if you could you would never outlast the money VCs are willing to pump in to prop it up until they find the greater fool buyers Your best bet is just to stay away when something smells

alecbz 4y ago

Would you say the same about working from home generally, which seems to have more staying power (even if we are seeing some return to office)? It seems not-crazy to me that someone would have thought that WFH was going to stick around post-COVID and thus also make people want to keep being able to work out from home.

skrtskrt 4y ago
they’re quite different first and foremost, working out at home has always been available. If you prefer working out at home you were probably already doing it. Second, a lot of people enjoy a social aspect of gyms, or even just find it motivating to be around other people working out even if you don’t talk to them. You only have to spend a little time around fitness oriented folks to know workout at home was never going to stick I worked in a consumer goods VC during this time and we couldn’t believe anyone was touching these companies, most were just instagram-aesthetic branding on cheap machines
- stockboss 4y ago
  as a bodybuilder for 20 years, i completely agree with you. working out at home has never had the same appeal to me or anyone else i knew who worked out as going to a gym. i got a peloton during covid isolation and it simply wasn't the same. i went to the gym the first day it opened and so did every other regular. i knew peloton wasn't going to continue thriving, however i do have to say they have very quality equipment so they'll probably continue to do okay.
  - deleted 4y ago
    [deleted]
  - moneywoes 4y ago
    Any poignant advice for a skinny person spinning wheels For a year?
  - notfromhere 4y ago
    Yeah but regular gym goers aren’t really the target market. That’s a small market as is and companies depending on it plateau pretty quickly
- moneywoes 4y ago
  With your experience, what do you see working out?

smabie 4y ago

Conversely, did you see it coming and make a ton of money?

skrtskrt 4y ago
you can’t really short private companies as a normal person and even if you could you would never outlast the money VCs are willing to pump in to prop it up until they find the greater fool buyers Your best bet is just to stay away when something smells