Peloton worth more than Ford

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Shewie
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Peloton worth more than Ford

Post by Shewie »

Just seen on a GCN youtube vid that Peloton is now worth more than Ford, $40 billion and $30 billion.

I know plenty of people who drive Fords, I've had four myself, but I don't know anyone with a Peloton.
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In Reverse
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Re: Peloton worth more than Ford

Post by In Reverse »

Might well end up being another tech bubble company, but it does have revenues of not far off $1billion pa and their sales and share price have rocketed in lockdown.

A mate's just paid £2595 for the all singing all dancing one and got it delivered today. His response when asked how it was:
Cant work the shoes, probably shouldnt have had 2 cans before starting
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johnnystorm
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Re: Peloton worth more than Ford

Post by johnnystorm »

I think they are like Uber. Burning millions each week in the hope they can stay afloat while all the alternatives go to the wall. I'm sure Ford aren't a super sound investment but at least if they went pop you'd have some assets to sell on.
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Mythste
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Re: Peloton worth more than Ford

Post by Mythste »

Without getting too much into the nitty gritty of it, investors blummin' love subscription models that gather loads of data whilst providing a pretty robust service.

I get it, think about all the people that go to spin classes in the gym. Now tell them they can do it from home with similar motivations. It's not for me, but I understand the audience.
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Bearbonesnorm
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Re: Peloton worth more than Ford

Post by Bearbonesnorm »

WTF is Peloton?
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Boab
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Re: Peloton worth more than Ford

Post by Boab »

Bearbonesnorm wrote: Wed Nov 04, 2020 1:43 pm WTF is Peloton?
A, very, expensive spinning bike.

https://youtu.be/ijof8uw4OHs
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sean_iow
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Re: Peloton worth more than Ford

Post by sean_iow »

Bearbonesnorm wrote: Wed Nov 04, 2020 1:43 pm WTF is Peloton?
https://www.onepeloton.co.uk/

Online spin class/exercise bikes, now branched out to other online exercise classes.
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Bearbonesnorm
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Re: Peloton worth more than Ford

Post by Bearbonesnorm »

Right, now I know.

I have to say (and it's very much a personal view) I can't help thinking that the benefits of exercise are perhaps diminished by taking it inside? Hey but what do I know, it's not like this place is worth more than Ford :wink:
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belugabob
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Re: Peloton worth more than Ford

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