Re:Peloton Confidentially Files Statement for Proposed IPO
by freefal on Wednesday June 05, 2019 @12:46PM
(#20106316)
Agree regarding preferring Zwift and a turbo but the sort of setup you describe seems to appeal to cyclists whereas the Peloton seems to appeal to the spin class crowd, many of who would never consider riding outside. The market is weirdly bifurcated between the two without a ton of overlap.
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Re:Peloton Confidentially Files Statement for Proposed IPO
by spyspy on Wednesday June 05, 2019 @01:51PM
(#20107157)
> seems to appeal to the spin class crowd
This is the reason I don't see this as a good long term investment. The market seems to be people who are already really into spin classes and pay the premiums they demand. To them, having their own equipment and a lower monthly fee will seem like a good deal. But your average gym-goer won't be willing to drop thousands upfront and more per month just on a nice exercise bike.