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.
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.