The Rise and Fall of Peloton

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A few years ago, you couldn't talk about at home fitness without the word peloton coming up in the conversation.
That's because Peloton was a whole revolution.
The company seemingly popped up out of nowhere at the right time and got so successful that it made its way to an unbelievable $607 million revenue.
But if you think about it right now, it'll just feel like a distant memory, even though it wasn't.
In this episode, we're going to be talking about the insane rise and fall of Peloton.

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BOOKMARKS:
00:00 - The Rise & Fall of Peloton
00:29 - How Peloton First Started
01:33 - Founders of Peloton
01:42 - Initial Funding
02:33 - Peloton's Promising Beginnings
03:06 - Peloton's Success Fueled by the Pandemic
03:58 - Improving on Existing Business Model
04:17 - Peloton Subscription Plans
05:11 - Peloton's Downfall
05:49 - Safety Issues and Tragedy
06:57 - Sales Drop
07:53 - Employee Layoffs and CEO replacement
08:47 - Other Factors that Lead Peloton's Downfall
10:24 - Lessons from Peloton's Story

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