By Peter Bosworth Peloton Interactive could be next up in the 2019 IPO queue. After filing its S1 paperwork on August 27, many expect the company to go public in the coming weeks. With a Peloton IPO on the horizon, let’s check in on the innovative fitness startup.
What is Peloton?
Peloton offers stationary bikes and treadmills with large displays that stream fitness classes. But according to CEO John Foley that description would be selling the company short. “Peloton sells happiness,” he said recently.
Peloton, much like WeWork, is looking to bolster its brand ahead of its IPO.
In the first section of Peloton’s IPO paperwork, the …read more
