Drinking from the Firehose #137: 🚲 Ticket to ride. 🚲
www.firehose.vc
Peloton has built a beloved consumer brand against all odds. I have a ton of admiration for the company's CEO and founder John Foley, who told the company's origin story earlier in the year on a live episode of How I Built This. Early on, he struggled to raise money because most investors saw the market for a $2,000 exercise bike as niche, with low margins, and little defensibility.
Drinking from the Firehose #137: 🚲 Ticket to ride. 🚲
Drinking from the Firehose #137: 🚲 Ticket to…
Drinking from the Firehose #137: 🚲 Ticket to ride. 🚲
Peloton has built a beloved consumer brand against all odds. I have a ton of admiration for the company's CEO and founder John Foley, who told the company's origin story earlier in the year on a live episode of How I Built This. Early on, he struggled to raise money because most investors saw the market for a $2,000 exercise bike as niche, with low margins, and little defensibility.