3 ms·
They have a sh*t, subscription based business model. It did well during COVID and is floundering.
by farceSpherule 2y ago
They have a sh*t, subscription based business model. It did well during COVID and is floundering.
- matwood 2y agoThey have/had a pretty good business model and then completely mismanaged COVID. Now they're saddled with tons of debt from thinking the COVID trajectory was forever, and it's crushing them. https://www.cnbc.com/2024/07/02/peloton-staves-off-liquidity-crunch-in-global-refinance.html https://www.cnbc.com/2024/07/02/peloton-staves-off-liquidity...