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by mdoms
1592 days ago
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> I don't really buy the arguments on why Peleton is a good business and comparable to Streaming somehow. The addressable market section is especially ridiculous. It looks at global wellbeing spending of $4.2T including $600B in fitness. That is not the addressable market for a device that is expensive, tied to a monthly subscription and takes up more floor space than a couch. That's not even the addressable market for running shoes, much less a fancy exercycle or treadmill. |
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