[jankyxenon]

You have to be clear if you're talking about Peloton as a financial investment or as a consumer product.

As a product - there's real value there. If it's been oversold as an investment, that's a different issue.

But millions of people are willing to pay $1000+ as an initial investment, then $40/month into perpetuity. With presumably good gross margin on both.

That's a good business