Included in Peloton's IPO paperwork was a letter from CEO John Foley, in which he said the company is 'so much more than a Bike.'
Peloton, the buzzy exercise-bike startup, filed for its IPO on Tuesday. Peloton's IPO documents include a letter from CEO John Foley, who writes that Peloton"sells happiness" at its most basic level. Foley's reasoning is that doing exercise on a Peloton bike releases endorphins, which makes people feel happy.
Peloton, the buzzy exercise-bike startup, filed for its IPO on Tuesday. Peloton's IPO documents include a letter from CEO John Foley, who writes that Peloton"sells happiness" at its most basic level. Foley's reasoning is that doing exercise on a Peloton bike releases endorphins, which makes people feel happy.
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