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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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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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