Pedaling Out of Business
By Lily Warendorf Despite naming every blatantly obvious attribute of their company, Peloton lacks one significant attribute: profitability. Although not being profitable does not raise red flags for investors in high growth companies like Peloton, it’s unclear path to profitability leads us to short Peloton. While Peloton’s subscribers think they are riding into the future, the Read more about Pedaling Out of Business[…]