Breakingviews TV: Spin cycle

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Breakingviews TV: Spin cycle
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Watch: Peloton claims a high-tech mantle in its newly released IPO prospectus. But a fad-prone exercise market and the potential for secondhand sales may pose challenges, explains rob_cyran.

Aug 28 - Peloton claims a high-tech mantle in its newly released IPO prospectus. And while the stationary bike company burns cash and has dual-class shares, Robert Cyran explains that its core business depends on retaining customer loyalty in an exercise market prone to fads.

Aug 28 - Peloton claims a high-tech mantle in its newly released IPO prospectus. And while the stationary bike company burns cash and has dual-class shares, Robert Cyran explains that its core business depends on retaining customer loyalty in an exercise market prone to fads.https://reut.rs/2ZsUtER

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