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Peloton – A call for action [pdf]

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Re: Peloton – A call for action [pdf]

#114
post #44
post #30

Earlier quoted context omitted.

As someone who's been a CTO at times in the past, I wish I'd worked with a CEO like that. There are few things worse than having a leadership team who don't trust you to deliver the tech that drives the company's ideas.

I mean I get the sentiment but months? Which kind of company size are we talking? I'm not saying you should talk to your CEO every week, but twice a year sounds really weird to me.

At a tech company? Definitely the CTO and CEO should be talking every week.

Months is VERY weird.

Re: Peloton – A call for action [pdf]

#115

Earlier quoted context omitted.

The main job of the CEO is to manage the board of directors (i.e. the shareholders). And the main job of the board of directors is to decide when to fire the CEO.

> The main job of the CEO is to manage the board of directors (i.e. the shareholders). Uh, no. Dealing with the board is indeed part of the job for the CEO, but a relatively small part unless you're doing poorly. The CEO is also managing the direction of the company, and managing the top-level managers of the various departments. The CEO has to fight the fires, and allocate limited resources to where they are needed…

You're right, but I think parent was joking

Re: Peloton – A call for action [pdf]

#116

A lot of Peloton in the news lately. Is there anyone that owns a Peloton machine that can comment on what they like and dislike about Peloton? Have you guys noticed a decline in the product, software, classes?

One and only one data point: the handle allowing the chair to move forward and back broke 2 months ago, about 6 months out of warranty. (Great for my partner, who now has exclusive use of the bike in her position… not so good for me.)

Support originally wanted to charge me $250 for replacement and service. A few YouTubes and a second call, the service person admitted that a $5 part would probably do the trick.

It’s taken two full months from that support call to get the shipping notification on that part.

Other than that, though - my experience with the bike and classes has been positive.

Re: Peloton – A call for action [pdf]

#117
post #50

Do I read the decks properly, or do they have only 2331 subscribers for Q4 2021? This looks like a super low for such big valuations of their disruptive product.

That probably 1,000 scale. So the actual number is 2,331,000 subscribers with a very small churn rate, which is enough to sustain that business and valuation.

Re: Peloton – A call for action [pdf]

#118

Earlier quoted context omitted.

Yeah. The problem is that the deck makes a more convincing case that the company is badly run than that Disney might get value from acquiring a loss making niche hardware company to distribute its content...

It makes the assumption that a buyer could run it more successfully. Which I think is fairly reasonable.

There’s a lot of room to be more successful and still lose money.

Re: Peloton – A call for action [pdf]

#120

A lot of Peloton in the news lately. Is there anyone that owns a Peloton machine that can comment on what they like and dislike about Peloton? Have you guys noticed a decline in the product, software, classes?

I have a family member that owns one and I've tried it a few times recently. The bike hardware is very good, the instructor content is very good, the software is decent. No noticeable decline in software or content.

Overall cost compares pretty well to a gym, PT, or class subscriptions esp if you live in an expensive area.

It does feel like a potentially valuable company that is just being run badly, but also could face competition. It also does feel like a company that could work well within a larger fitness or content company.

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