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They had 2800 employees?! Why? Their product is a home bike with a screen. Plus some developers and their TV crews, I don't see how you can get to such a number
They had 2800 employees?! Why? Their product is a home bike with a screen. Plus some developers and their TV crews, I don't see how you can get to such a number
Apple should buy them - this would be an amazing asset for their health platform.
Seems like it would be smarter to let others take the hardware risks and have an API for other bike makers to plug into.
I think we’re starting to see a bit of “post pandemic” economic factors and that explains some of the shake up on Wall Street as of late. I always felt this about Peloton more than anything though, that it was not going to be able to sustain growth numbers as the pandemic when either of these came to pass: 1) ended officially 2) waned on to the point that it became "normalized" in how to handle day to day activities…
They had 2800 employees?! Why? Their product is a home bike with a screen. Plus some developers and their TV crews, I don't see how you can get to such a number
All your comment really shows is how little you know about how many people it takes to run a large business, and that you don't really understand what Peleton do. Peleton design and manufacture their own equipment, they ship it globally, they have their own buyers and supply chains for that, They also build the tech that runs their business, from the customer portal to the video integration in the products. They make…
Earlier quoted context omitted.
All your comment really shows is how little you know about how many people it takes to run a large business, and that you don't really understand what Peleton do. Peleton design and manufacture their own equipment, they ship it globally, they have their own buyers and supply chains for that, They also build the tech that runs their business, from the customer portal to the video integration in the products. They make…
Just to clarify they are in 4 countries. They also appeared to be doing the last mile delivery in these countries themselves (at least I could confirm in the USA) which probably helped with their premium brand. That said, I still agree with the above post. Fitbit has 1,600 employees and actually ships globally. This was excessive.
I think we’re starting to see a bit of “post pandemic” economic factors and that explains some of the shake up on Wall Street as of late. I always felt this about Peloton more than anything though, that it was not going to be able to sustain growth numbers as the pandemic when either of these came to pass: 1) ended officially 2) waned on to the point that it became "normalized" in how to handle day to day activities…
I think we’re starting to see a bit of “post pandemic” economic factors and that explains some of the shake up on Wall Street as of late. I always felt this about Peloton more than anything though, that it was not going to be able to sustain growth numbers as the pandemic when either of these came to pass: 1) ended officially 2) waned on to the point that it became "normalized" in how to handle day to day activities…
Zoom will soon follow the rest of the silicon valley companies in finding ways to invest in military technology, use lobbying power to earn big dollar government contracts, and monetize its access to biometric data. Unless it has already done that.
Is it just me or is $40 a month too much for the content they provide? I would spend a couple thousand on fancy exercise equipment, or maybe get one as a gift for my parents but the required subscription gives me rent seeking vibes.
That being said, she argues she’s never felt healthier in her entire life and so I can’t complain if she’s happy!