21–30 of 212 posts
Given how expensive a bike is, I imagine their market being even smaller than the apple iPhone market and a subscription-based health system can arguably be as important to someone as an iPhone, but it doesn't really have that "i want that" shine that iPhone does. I imagine they'll see a lot of growth short term and taper off really soon maybe after 6 years.
https://mobile.twitter.com/clueheywood/status/10896997623312...
It really makes we wonder how we could be on the verge of a recession when companies like this become successful? Maybe I'm just too cheap to ever buy something like this but it feels like a mass marketed luxury good that requires a decent level of consumer confidence to have succeeded.
Earlier quoted context omitted.
IPO takes months and months of effort and planning. It is not as short term as you seem to imply.
Also looks like they are already profitable, and growing like crazy. EDIT: my bad interpreting the loss format, they are not profitable.
> We have incurred operating losses each year since our inception in 2012, including net losses of $(71.1) million, $(47.9) million, and $(195.6) million for fiscal 2017, 2018, and 2019, respectively, and expect to continue to incur net losses for the foreseeable future.
They've never been profitable.
Can't help but start to think that everyone is cashing out before the impending recession.
2019-07-18 5
2019-07-19 7
2019-07-22 10
2019-07-23 4
2019-07-24 12
2019-07-25 12
2019-07-26 7
2019-07-29 7
2019-07-30 7
2019-07-31 4
2019-08-01 5
2019-08-02 14
2019-08-05 3
2019-08-06 7
2019-08-07 6
2019-08-08 6
2019-08-09 5
2019-08-12 10
2019-08-13 5
2019-08-14 2
2019-08-15 6
2019-08-16 5
2019-08-19 4
2019-08-20 5
2019-08-21 8
2019-08-22 4
2019-08-23 9
2019-08-26 4
2019-08-27 2
Grouping this by complete weeks (excluding weeks where we don't have a complete Monday -> Friday list) we get totals of 45, 37, 27, 28, 30, in that order. Don't know what typical trends are by time of year, etc. HN has had a flurry of posts about S1s, but this trend doesn't seem to be the sudden uptick it has seemed to be on HN.
It really makes we wonder how we could be on the verge of a recession when companies like this become successful? Maybe I'm just too cheap to ever buy something like this but it feels like a mass marketed luxury good that requires a decent level of consumer confidence to have succeeded.
It really makes we wonder how we could be on the verge of a recession when companies like this become successful? Maybe I'm just too cheap to ever buy something like this but it feels like a mass marketed luxury good that requires a decent level of consumer confidence to have succeeded.
It really makes we wonder how we could be on the verge of a recession when companies like this become successful? Maybe I'm just too cheap to ever buy something like this but it feels like a mass marketed luxury good that requires a decent level of consumer confidence to have succeeded.
The one argument in its favor is that youth sports are usually very heavily subsidized by masters sports. So if you weren't on a varsity sports team in high school or college and didn't learn how to work out properly, then it's easily 5x more expensive to do so as an adult. So maybe there is some value in having someone to teach you how to do basic cardio.
Can't help but start to think that everyone is cashing out before the impending recession.
Grouping the filings from https://sec.report/Form/S-1 by day: 2019-07-18 5 2019-07-19 7 2019-07-22 10 2019-07-23 4 2019-07-24 12 2019-07-25 12 2019-07-26 7 2019-07-29 7 2019-07-30 7 2019-07-31 4 2019-08-01 5 2019-08-02 14 2019-08-05 3 2019-08-06 7 2019-08-07 6 2019-08-08 6 2019-08-09 5 2019-08-12 10 2019-08-13 5 2019-08-14 2 2019-08-15 6 2019-08-16 5 2019-08-19 4 2019-08-20 5 2019-08-21 8 2019-08-22 4 2019-08-23 9 20…