Peloton Interactive (PTON) - Share Chat

https://www.bloomberg.com/news/newsletters/2022-01-30/will-apple-aapl-buy-peloton-probably-not-kz1dkcm7

Amazon considering acquiring PTON. Could be fake news.

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WSJ therefore unlikely to be fakenews.

We should expect big companies to explore various opportunities/companies. Don‘t forget Amazon was previously exploring a peloton type partnership with another company.

When they have done their due diligence they may stop. But the point is that various possibilities are open.

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I’m not sure the average Peloton user would have signed up to Peloton Amazon product. Amazon have a much less premium feel to their offering and have mostly succeeded in hardwear (Echo / Fire tablets) when selling the devices as a loss leader.

Maybe that’s what Peloton needs, mass market but if that were the case they could stick a fire tablet to a cool looking exercise bike and commission / buy up a library of spin classes and stick them on Prime Video.

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Your point is of course very good. We don’t know what Amazon would want to do to the brand. Also note there is a piece in the FT saying that Nike is also evaluating a bid.

Two quotes from the article:

Although Wall Street has lost faith in Peloton’s future over the past year its finances are not in dire straits.

Monthly churn — the number of subscribers leaving Peloton each month — was just 0.79 per cent, suggesting current users remain enthused.

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Nike we’re who I predicted would buy it, they’re so much smaller than Apple or Amazon it’ll be a much bigger part of their business. Peloton have a more than an insignificant apparel business which Nike could bolster.

Nike feels like a better home

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Nike have a very unusual collaboration with Apple (Nike co-branded Apple Watch) and would have to assure themselves that they wouldn’t damage that relationship before making a bid for Peloton. No wonder that the reports are that they haven’t talked to Peloton yet but were considering a bid in abstract.

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So in general terms how will this be perceived by the markets. ?? Is this good news or otherwise?


Good it seems

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And climbing :grin::grin:. Glad I bought some yesterday :+1:t3:

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The markets tend to love job cuts and getting a former CFO with pedigree will be seen as a coup.

Having the vision to be a founder is a different set of skills to that of an operator. Not everyone has the over lapping skills.

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This is a fantastic deck produced by activist shareholder black well capital.

Some select highlights


oofh


When you’re own words, maybe a little out of context, look this bad it’s not a good sign

John Foley stepped aside from CEO but in reality he’s now the Executive Chairman with over 39% of the voting rights.

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A tad old now but still insightful, this post.

This ain’t good

“Project Tinman” is a great name though

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Any signs if the wheels are back on this one?