The Rise and Fall of Peloton

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A few years ago, you couldn't talk about at home fitness without the word peloton coming up in the conversation.
That's because Peloton was a whole revolution.
The company seemingly popped up out of nowhere at the right time and got so successful that it made its way to an unbelievable $607 million revenue.
But if you think about it right now, it'll just feel like a distant memory, even though it wasn't.
In this video, we're going to be talking about the insane rise and fall of Peloton.
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BOOKMARKS:
00:00 - The Rise & Fall of Peloton
00:29 - How Peloton First Started
01:33 - Founders of Peloton
01:42 - Initial Funding
02:33 - Peloton's Promising Beginnings
03:06 - Peloton's Success Fueled by the Pandemic
03:58 - Improving on Existing Business Model
04:17 - Peloton Subscription Plans
05:11 - Peloton's Downfall
05:49 - Safety Issues and Tragedy
06:57 - Sales Drop
07:53 - Employee Layoffs and CEO replacement
08:47 - Other Factors that Lead Peloton's Downfall
10:24 - Lessons from Peloton's Story
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[@nimeshpatel6006]

The death of Peloton was the expensive monthly subscription plans.
A customer spends thousands of dollars for an exercise bike. Then you have to pay $50 a month? GTFOH!

[@dead_Penguin254]

Is the company any better now? I mean they still heavily advertise so doesn't seem like they really failed at all especially with all the money they have made

[@Xsahdwo]

Peloton now it 3.42 dollar and from this video all I understand peloton have bad really bad board and ceo peloton need new ceo young maybe from bike business that take peloton out from home and cheap products people can afford like bike weight and related running devices and for more customers there need plan like made app that be a community of adults people who run or bike together with peloton devise is sad huge potential company that shouldn’t be in this position of 1.6B market cap and 3.60 pre share I hope to see peloton in good future

[@UnknownName-wg7gf]

I say pelafart