Peloton’s former CEO, John Foley, is launching a new startup—and this time it’s not a bike he wants to sell you—it’s a custom-cut rug.
Rugs might seem an unlikely next product for Foley, who cofounded Peloton in 2012 and famously took it public in 2019, as its exercise bikes and peppy streamed virtual classes faced massive demand during the pandemic—then stepped down as growth slowed and its stock tumbled. But in an exclusive interview, Foley toldWhile still CEO of Peloton, no friends took him up on his offers to help fund such a business, Foley said.
“Rugs might seem like a potentially uninteresting category, but there’s probably at least one in your house.”From its founding team to its investors, however, Ernesta does represent a Peloton reunion. Addition, which led the $25 million Series A funding round, is led by Lee Fixel, a Midas List investor who was an early backer and board director at Peloton while an investor at Tiger Global in 2014. True Ventures, which also wrote a sizable check in the round, first backed Peloton in 2015.
The Peloton was an over hyped over priced ordinary stationary bike that benefitted from pandemic conditions. Now it’s close to bankruptcy.. But people now act like they were genius visionaries and whatever these founders touch will turn to gold. It’s nonsense..
Sounds like a medication name
🌐 Based on our fairness metrics, this tweet has a score of 📊0.54 (Our method is still at the experimental stage!).
Welcome to the Corporate Backstabbers Season 1 of 5000.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This $25 Brush-On Nail Serum Is Like a Magic Wand for ManicuresIt comes in a kit complete with the tools you need to care for your nails with ease.
Source: iamwellandgood - 🏆 462. / 53 Read more »
John Krasinski Shares Jack Ryan Season 4 Filming Update On Final EpisodesOn the heels of the latest chapter's premiere, John Krasinski has offered a filming update on JackRyan's final season. '...knowing that the fans would go so long in between two and three, we decided to do three and four back to back... Underrated show imop. I think his acting and the story’s are so well done. Why do the Russians speak English amongst themselves in Russia. Same goes for Czechs, etc.
Source: screenrant - 🏆 7. / 94 Read more »
The Wild Tale of How John the Baptist’s Head Ended Up in France’s Largest CathedralThe treasures of Byzantium proved too great a temptation, even for a cleric who started out as one of the good ones. As with all stories involving anything biblical, I call bullshit.
Source: thedailybeast - 🏆 307. / 63 Read more »
Nashville mayor John Cooper requests Titans postpone football game against TexansNashville mayor John Cooper has requested that the Tennessee Titans postpone kickoff of their game Saturday against the Houston Texans (1 p.m. ET) as power companies struggle with high electricty demand in sub-freezing temperatures. Ya but what’s me and Cooter spose ta do then? The red states of there electrical power problem just wait until everyone needs to charge their cars too.
Source: usatodaysports - 🏆 454. / 53 Read more »
Kickoff for Titans-Texans pushed back one hour after request by Nashville mayor John CooperUpdate: Kickoff for the Tennessee Titans' game against the Houston Texans on Saturday will be postponed one hour as the city of Nashville deals with power cutbacks related to extremely cold temperatures.
Source: usatodaysports - 🏆 454. / 53 Read more »
Did John Wilkes Booth’s Brother Save the Life of Abraham Lincoln’s Son?Edwin Booth was a renowned actor just like his brother. Sad that the greatest American actor of his generation is know as 'the brother of John Wilkes Booth.' amglory0414 this is bonkers So, I guess that makes them even. Wish I knew that before I learned to hate JWB in grade school.
Source: snopes - 🏆 228. / 63 Read more »