Reply To: Peloton’s prospects amid rumours of potential Nike/Amazon purchase?

[Haamsaaveni (Hamsi) Kumar]

I definitely agree with all of the points made but at the same time, I am not sure that Peloton would enter into another partnership at the moment because (1) they have just scaled down operations and they have stated they scaled too fast with overinvestment into certain areas but also (2) that they need to do more on safety than just recalling bikes. High-end gyms would want to make sure that the bikes are 100% safe before their members do this. (3) They have also had to deal with accusations of gross mismanagement and purposely enriching themselves through its stock sales since its IPO – may hinder partnerships at the moment.