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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

#291

Post by anm89 »

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…

Couldn't agree more. Teams is terrible, but it's not so bad that it can't be used on an effective software team. The bigger problem with Teams is that it's indicative of a team who can't see the value in using something better.

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

#292

Post by paxys »

dmode wrote: post #290

The absolute bloodbath of VC funded companies with weak fundamentals is finally catching up. Peloton, Robinhood, WeWork, Opendoor, Clover health, and countless others with major layoffs, stock down 60-80%, no profitability or sustainable business model in sight. My back of the envelope calculation suggests that over the last decade $200-300bn has been spent by VCs on startups, led by Softbank. And with very little to…

There is no "finally". VC-funded companies fail all the time. In fact most of them are expected to fail. You can find similar misses every year stretching back to the start of the industry. Similarly, there are companies which have gone public over the last year with spectacular businesses and sky-high valuations. And heck Peloton is still valued at $12B+. The VCs are all fine.

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

#293

Post by mikestew »

nradov wrote: post #198
thedougd wrote: post #61

I agree with lots of the negative sentiment on Peloton, however, the name of the luxury game is to stay ahead of the pack and maintain a premium brand. Much of what they've done to date is maintain a huge catalog of real-time and recorded streaming classes and videos. I found the news about Peloton working with Google to use Stadia as a platform for gaming on Peloton devices, very interesting. So far, what we've seen…

Zwift has done well with a fitness gaming product oriented around bike races and challenges. But the graphics are cheesy. And the whole game experience is mostly just about power output in a straight line with maybe some drafting tactics; it only even supports steering in a very limited way.

As a runner, I just do…not…get Zwift. I could see using it, maybe, on a bike (though, as parent points out, the bike version isn’t exactly all that). But running, it’s just watching a cartoon avatar run down the road while getting passed by bicycles. I well and fully admit that I could be missing the key element that makes Zwift a draw, but as I see it I’d do just as well to stare at the numbers on the treadmill’s LCD screen.

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

#294

Post by thehappypm »

throw8383833jj wrote: post #275

strictly speaking as a consumer, I would rather ride an old scrappy bicycle in the great outdoors, rather than an in-door bicycle that costs 2000$ and 40$/month. I was rather surprised to see it go on as long as it did.

There’s a layer of ice on all the roads right now outside.

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

#296

Post by ffpip »

papito wrote: post #271
no_wizard wrote: post #13

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…

If anyone tells me how to disable Zoom incoming video to save bandwidth and avoid lag, I will give you a dollar.

https://support.zoom.us/hc/en-us/articles/4409500570381-Stop...

It's the first result for "disable Zoom incoming video".

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

#297

Post by inlined »

8ytecoder wrote: post #279
alistairSH wrote: post #274

Earlier quoted context omitted.

Or Apple fitness @ $10/month (per person).

Apple One is $30 for an entire family. That includes full music subscription with HD audio, TV+, games, 1Tb storage and fitness+.

AFAICT Fitness+ is more of a competitor to an app like Shred, which I just found less sticky. I'll pay more for a service I'll actually use.

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

#298

Post by paxys »

threeseed wrote: post #283
boringg wrote: post #20

Apple should buy them - this would be an amazing asset for their health platform.

It's not really how Apple does acquisitions. They prefer smaller companies who aren't going to overwhelm the culture of the company.

They do all kinds of acquisitions. Beats was exactly the same fit. Most of the company's value was in its branding and cultural buzz rather than actual products.

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

#299

Post by cr1895 »

xxpor wrote: post #140
ramesh31 wrote: post #95

Earlier quoted context omitted.

>Is it a US thing? Must be. It's become pretty standard across companies I've dealt with. Maybe a 9/10 split with MS/Google.

Personally, I've never been on a Teams call. I'd say it's been about 50% zoom, 50% webex, surprisingly. Fortunately with webex, the invites include a generic SIP address that we can use with our video conferencing equipment.

It’s interesting how this differs so much! I think I’ve never been on a work-related Zoom call, and only extremely rarely something like webex. Almost always Teams.

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

#300

Post by Jemaclus »

Aaronstotle wrote: post #167
no_wizard wrote: post #13

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…

Google Meet is so much better than Zoom & MS Teams, that being said I think Zoom has entrenched itself in plenty of businesses and people won't transition away.

Curious what you think makes it better than Zoom. In my experience, Zoom video quality is heads and shoulders above Meet, and the fact that Zoom supports multiple monitors, whereas Meet does not, means that Zoom pretty much wins hands-down.

What are your arguments in favor of Meet? I'm genuinely curious, not trying to start an argument.

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