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Peloton replaces CEO and lays off 2,800 people

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Re: Peloton replaces CEO and lays off 2,800 people

#201

Post by lbriner »

imwillofficial wrote: post #96

I haven’t followed Peloton closely. How did they get so popular than crash so hard?

The obvious answer is that lockdown made people more aware of their lack of exercise. Once lockdown starts to lift, people don't want it any more, they can go back to their gym instead.

It is tough but this is def. a big problem with VC-backed companies who are always under pressure to make the most money whatever happens. Most of us would see 2800 layoffs as a failure but the VCs probably think it a success that they made the most of the market bubble and are now adjusting for a more realistic size/income.

Re: Peloton replaces CEO and lays off 2,800 people

#202

Post by whymauri »

dijit wrote: post #187
llampx wrote: post #50

Earlier quoted context omitted.

Is Zoom here to stay or is video conferencing here to stay? Google Meets and MS Teams are pretty good and built into their respective Office suite products.

> [..] and MS Teams are pretty good [..] I will never work for any company that uses Teams as their internal communication tool again. I'm done talking about "admins who set up groups wrong", or indicators that I'm holding it wrong... I feel very strongly that Teams is a consequence of a company that doesn't care what it inflicts on workers, regardless of price. The way teams shoves itself down my throat (we do not u…

I will also never work at a company that uses Teams as its primary form of communication. The whole ecosystem, along with SharePoint, is absolutely broken, end-to-end. Perhaps the worst user-facing software I've had the displeasure of using on a daily basis. I'm not kidding when I say that it a played a factor in me quitting.

Not a single time did we have a meeting on Teams that worked properly. Not once.

Re: Peloton replaces CEO and lays off 2,800 people

#203

Post by nickthegreek »

kristjansson wrote: post #176
pl0x wrote: post #62

Did Peloton ever have a real business. They were competing with $200 bikes on Amazon and an iPad.

To be fair, they're competing against ~$1000 stationary bikes, not the low end felt/friction stationary bikes.

I got an entry level magnetic resistance stationary bike for $500. But I can still sign-up for the $13/mo peloton package and use it with them. I am sure Peloton has many price conscious members taking advantage of this offering.

https://www.walmart.com/ip/Echelon-Connect-Sport-Indoor-Cycl...

Re: Peloton replaces CEO and lays off 2,800 people

#204

Post by ohgodplsno »

AlwaysRock wrote: post #145
ohgodplsno wrote: post #111

Earlier quoted context omitted.

Take HN's hive mind tech bro culture, and apply it to overpriced classes that are basically a youtube video.

Unfortunately there are not good alternatives. I have a fairly nice bike at home and a standing desk that I can fit it under comfortably. I told my partner we don't need a Peloton because I could find spin class videos online. Nope. There really isnt any quality content out there. I guess I could just sign up for the Peloton platform with my own bike but I was surprised there wasnt at least a handful of Youtube video…

You do not need spin class videos. There is nothing technical about stationary biking. Yoga ? Sure, poses might be tricky to understand. Calisthenics ? Same thing. But a stationary bike ? Pump the difficulty on a timer and play some loud music on your own. Congratulations on your very own spin class.

Re: Peloton replaces CEO and lays off 2,800 people

#205

Post by oldsecondhand »

pc86 wrote: post #155
RHSeeger wrote: post #147

Earlier quoted context omitted.

Every time I see I have a meeting with MS Teams, I get annoyed. - Most of the time, people don't setup a dialin number, so I can't use my phone - There's no way to display both the attendees list and the chat at the same time Those are two examples of things that just cause it to be an "also ran" in my mind. It's just missing a lot of the "nice to have" features; much the way Zoom did when it was first release... it…

This is completely personal preference and I would never enforce it, but I hate when people dial in to a video conference or other meeting. Even when the camera is off, having 10 people on a call but 15 attendees that include a bunch of random phone numbers, combined with not having any idea who is speaking if you don't know everyone's voice by heart, makes it a very suboptimal experience. If everyone had a nice came…

I just hate using the camera for conferences. Zoom can highlight the profile of the speaker, so you don't have to recognize people's voice.

People calling in from a phone is a separate issue.

Re: Peloton replaces CEO and lays off 2,800 people

#206

Post by snapetom »

zaptrem wrote: post #51
sharkweek wrote: post #30

Earlier quoted context omitted.

My partner might as well have joined a cult with how obsessed she is with not just the peloton but the culture of the peloton class. That being said, she argues she’s never felt healthier in her entire life and so I can’t complain if she’s happy!

I've heard the same thing about "Peloton Culture" elsewhere, but not a good explanation of what that culture is. Can a HN Peloton user elaborate?

The positivity and encouragement is one thing, but it's also a very interactive and immersive experience. Sure, there's a large catalog of pre-recorded classes, with different instructors, different styles, different music, and different languages. However there's also live classes where you can be seen and interact with people. They also gamify the experience with a live leaderboard even if you aren't in a live class.

The tech is also pretty well rounded. You can get pretty much all info that the bike has at any time on the app. During a workout, the Apple Watch communicates back biometrics.

I'm a pretty cynical and skeptical person, but after just getting one, I can definitely see the appeal.

Re: Peloton replaces CEO and lays off 2,800 people

#207

Post by ohgodplsno »

chucksta wrote: post #193
ohgodplsno wrote: post #111

Earlier quoted context omitted.

Take HN's hive mind tech bro culture, and apply it to overpriced classes that are basically a youtube video.

Yeah, and a geo metro is basically a Ferrari

You're right, you can actually own a Geo Metro and drive it and fix it on your own, as opposed to the Ferrari which is nothing more than an expensive toy you cannot take out for anything useful. At least the Ferrari doesn't have a subscription (aside from the one you'll take at your gas station to make up for the 30L/100km that it gets)

Re: Peloton replaces CEO and lays off 2,800 people

#208

Post by gnicholas »

telotortium wrote: post #161
RHSeeger wrote: post #147

Earlier quoted context omitted.

Every time I see I have a meeting with MS Teams, I get annoyed. - Most of the time, people don't setup a dialin number, so I can't use my phone - There's no way to display both the attendees list and the chat at the same time Those are two examples of things that just cause it to be an "also ran" in my mind. It's just missing a lot of the "nice to have" features; much the way Zoom did when it was first release... it…

Maybe I'm a different use case, but I would never use phone over the computer audio on zoom if I can help it. The phone call codec is so bad compared to modern codecs that I couldn't imagine preferring it. The only situation is if I'm on the road in an area that has really terrible mobile service but for some reason has better phone service. In any case, I know that Google meets at least supports dialing in using pho…

I actually use phone for Zoom audio pretty regularly because it has lower latency and higher reliability than computer audio. I recognize that the audio quality is lower, but I'd rather have fewer interruptions and lower latency than nicer quality that is delayed and interrupted. I simultaneously join video via computer, of course.

FWIW, I live in the heart of Silicon Valley, but there's only one ISP available so it's perhaps unsurprising that service isn't stellar.

Re: Peloton replaces CEO and lays off 2,800 people

#209

Post by nradov »

cbm-vic-20 wrote: post #173

Anecdotally, it appears that Zwift usage is still growing. It's more race and social oriented than Peleton, and less of a "spin class simulator", but it's only $15/mo and doesn't require as much of an up-front equipment investment. I think Peleton believed too much of their own BS and flew too close to the sun.

The Zwift up-front investment is only really lower if you already have some of the necessary pieces. But if you're starting from scratch and have to buy a bike, smart trainer, tablet / laptop, and stand then that can cost as much or more than a Peloton bike depending on how fancy you want to get.

Re: Peloton replaces CEO and lays off 2,800 people

#210

Post by core-utility »

orange3xchicken wrote: post #182
cr1895 wrote: post #144

Earlier quoted context omitted.

Perhaps I'm misremembering, but wasn't there actually quite significant backlash towards their security flaws in the early days, causing them to rectify the problems?

Just last night I noticed that the zoom program on my mac has been suffering from this bug, which is ~4 months old. Both are up to date. https://community.zoom.com/t5/Meetings/Why-is-the-Zoom-app-l...

I got Micro Snitch [1] as part of a bundle with Little Snitch years ago and have just had it running for cases like this. I'm fortunate to not have run into this issue, but I like the peace of mind of knowing exactly if I do.

[1]: https://obdev.at/products/microsnitch/index.html

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