Finance
Investor Says Peloton CEO Must Go, Cites ‘Grave Concerns’ & Lists Foley’s Failures
While investors have lost nearly $40 billion in wealth, Peloton CEO sold stock regularly & repeatedly, garnering over $115 million.
Professor Scott Galloway Predicts the Future of Peloton
Since NYU Professor Scott Galloway was on-target with his Amazon prediction, what does he think of Peloton’s prospects?
Should Apple Buy Peloton? Experts Weigh In
Above Avalon founder & author Neil Cybart believes Peloton’s desire to become a successful health platform has one big barrier: Apple.
CoPilot Closes on $6 million Series A
The CoPilot Series A round, which brings the fitness company's total funding to $10 million, was led by Hyde Park Venture Partners.
Peloton CEO Addresses Team & Says Leaker Has Been Identified
Peloton CEO says that the leaker's information that the media has received is incomplete, without context, & doesn't reflect the company.
Peloton Temporarily Pulls Production Plug on its Bike & Tread
Peloton will pause its bike production for two months and won’t produce Tread for six weeks, according to the documents.
Peloton Job Cuts & Store Closings on Horizon?
Potential job cuts were mentioned in a recent call with Peloton’s management team, reports CNBC, who obtained a recording of the meeting.
Peloton Will Soon Increase Delivery and Setup Costs
The change in cost is indicated on a banner on Peloton’s website, stating that the offer to save on delivery and setup will end January 30th.
Planet Fitness Acquires Sunshine Fitness
Sunshine Fitness has been backed by TSG Consumer partners since 2017 and was the first franchisee in the Planet Fitness orbit.
Could a Rower Change the Game for Peloton?
While Peloton delighted fans by launching Boxing and Guide, rumors of a rower machine, like that of Hydrow, have yet to come to fruition.