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by aljarry 1593 days ago
Do I read the decks properly, or do they have only 2331 subscribers for Q4 2021? This looks like a super low for such big valuations of their disruptive product.
7 comments

That probably 1,000 scale. So the actual number is 2,331,000 subscribers with a very small churn rate, which is enough to sustain that business and valuation.
I rode in a live Peloton class yesterday that had more participants than that.
I'm assuming that is wrong. They laid of 2800 staff in Q1 and they all had subscriptions which were continued for 12 months as part of their severance.
Probably thousands.
hmmm, as a Peloton owner this would be a bit weird --- live classes tend to have thousand of participants, unless they are bots.
But on par for Silicon Valley
2,331 million