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Peloton Can Still Grow 100 Times More, Says CEO

Mar.17 — John Foley, co-founder and CEO of Peloton Interactive Inc, says the total addressable market is close to 200 million gym goers worldwide, and the company’s growth rate can go up to 100 times before it may slow down. He also shares the current delivery time of the Peloton Bike is between two to…

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Mar.17 — John Foley, co-founder and CEO of Peloton Interactive Inc, says the total addressable market is close to 200 million gym goers worldwide, and the company’s growth rate can go up to 100 times before it may slow down. He also shares the current delivery time of the Peloton Bike is between two to four weeks in the U.S and that the company is well-positioned to innovate and win in the global home fitness competition. Foley speaks to Emily Chang on “Bloomberg Technology.”

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20 Comments

20 Comments

  1. Jin Nani

    March 18, 2021 at 12:07 am

    Seriously? How!

    • Z Z.

      March 18, 2021 at 12:49 am

      ????????????

  2. Oliver Allen

    March 18, 2021 at 12:11 am

    Idk if they can sell 100x more $3k exercise bikes. Maybe 2x, maybe 3x but it’s a niche market. It won’t have mass market appeal because people plain can’t afford it.

  3. Ann Caldwell

    March 18, 2021 at 12:15 am

    0:38
    vom.today

  4. Chris Markham

    March 18, 2021 at 12:20 am

    Lol no they can’t. Overvalued pandemic stock. As we continue to come out of lockdown why would you pay monthly for videos on an exercise bike?????????

    • Z Z.

      March 18, 2021 at 12:48 am

      Bro.He said because it cost only 2$ per workout when you split the cost with your family ????????????????

  5. Z Z.

    March 18, 2021 at 12:47 am

    This guy is awesome:better value: 1-2.000$ per bike versus 200$/year on a fitness gym where you get extra workout.

    • mrpmj00

      March 18, 2021 at 7:15 am

      Why buy a $3k+ peloton bike when you can buy the same video bikes from Amazon $500 or Apple $100?

  6. Jian Kuö

    March 18, 2021 at 12:58 am

    good news for ZUO

  7. im trying to break out the matrix

    March 18, 2021 at 1:18 am

    Pump that stock ????????

  8. Steve Patel

    March 18, 2021 at 3:05 am

    This guy and the team got super lucky, i used to go to school with the cto. There is nothing proprietary about anything they do. This clown actually went to nordictrack and wanted to use their patents but after being shot down just went ahead and copied some of them anyways. Patent law is rarely enforced

    • Frank White

      March 18, 2021 at 5:11 pm

      That’s funny considering Peloton has sued Flywheel and other companies out of existence for using their patents.

  9. Blank Et

    March 18, 2021 at 4:01 am

    Got lucky!

  10. Blank Et

    March 18, 2021 at 4:13 am

    Beeullllldheeeet

  11. Michael Schrago

    March 18, 2021 at 4:52 am

    Why would you go back to the gym after the pandemic?? Because you need a gym to workout. Cycling is just one exercise out of hundreds.

  12. mrpmj00

    March 18, 2021 at 7:15 am

    – save the environment, don’t travel or buy cars or buy bitcoin. Use virtual reality via Amazon, Apple, Facebook, Nvidia, Microsoft, Netflix!
    Why buy a $3k+ peloton bike when you can buy the same video bikes from Amazon $500 or Apple $100?

  13. Leverage earnings

    March 18, 2021 at 12:42 pm

    This is a lot of BS. Check out FRX (beachBody) they are trading for 11 dollars right now before the merger.. They have the bikes for less money , monthly subscription are less , have lebron , Arnold Schwarzenegger, and other celebrities on the team, and the best part have 2.6M paying subscriptions !!! Very close to peloton. The value proposition for 11 dollars FRX compared to peloton is a easy call

  14. VIncent Karaboulad

    March 18, 2021 at 4:09 pm

    Clickbait title

  15. Saad EB

    March 18, 2021 at 8:06 pm

    No barriers to entry, and everyone who really wanted a Peloton already got one or is still waiting for delivery ????. The only way out would be an acquisition by Apple or partnership with Google/fitbit and/or Garmin… In the meantime get your popcorn and watch this stock plummet as the pandemic subsides…

  16. polopowered

    March 18, 2021 at 11:34 pm

    Child deaths on the equipment and he is smiling.

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SpaceX Starship Rocket Takes Off From Texas

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Elon Musk’s SpaceX successfully launched its Starship rocket from Texas. It reached space a few minutes later and deployed 20 dummy Starlink satellites. The closely watched flight is a key demonstration of upgrades from previously launched Starship prototypes, including increasing the rocket’s power and capability.
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Bloomberg’s Ed Ludlow breaks down what comes next after a critical Starship launch was scrubbed, and he discusses what that means for the space company’s planned mega IPO with a SpaceX alumni and an early investor. Plus, an exclusive conversation with Lenovo CFO Winston Cheng after the world-leading PC maker soars post-earnings on strong AI growth.

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Lenovo CFO Weighs In on Strong AI Growth

Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Shares of Lenovo soared in Hong Kong trading Friday after the company reported strong growth in AI-related earnings, offsetting challenges from rising component prices. Winston Cheng, CFO of Lenovo, joins Ed Ludlow on “Bloomberg Tech.”
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