- Subscription model makes sense and is sticky with good margins.
- Undercuts gyms while providing better experience.
- Well timed growth during pandemic.
If I use a product and think it's really excellent I'll check out the stock and the company. This has largely worked for Apple, Tesla (bought in 2012), and now Peloton.
Peloton is actually really good. I subscribe to their digital service for 12.99 a month and you get to access all the classes. Basically like online bootcamp/yoga. Not sure why the consensus overlooks this part and focuses on their expensive hardware (I don’t have any of that).
- Really good product (most important).
- Subscription model makes sense and is sticky with good margins.
- Undercuts gyms while providing better experience.
- Well timed growth during pandemic.
If I use a product and think it's really excellent I'll check out the stock and the company. This has largely worked for Apple, Tesla (bought in 2012), and now Peloton.
Peloton is actually really good. I subscribe to their digital service for 12.99 a month and you get to access all the classes. Basically like online bootcamp/yoga. Not sure why the consensus overlooks this part and focuses on their expensive hardware (I don’t have any of that).
Fair enough let me know next time you like a product :)