Andover Business Club

During our first meeting of Winter term, we discussed Peloton and exercise programs like Soulcycle and Barry's Bootcamp. We talk about how: Peloton produces high-end stationary bikes with a huge built-in screen. These bikes sell for $2000 and with a monthly subscription of $39 to access exercise videos.  Each of Peloton's customers is valued at $15,631. That's a whopping 2286% more than the subscriber values of all companies such as Match, Netflix, Facebook, and Spotify. Meanwhile, Peloton's value as a company is 8.8 billion, lower than all those companies. Peloton also claims it's a "tech"company, a fancy label employed by many companies. We do not believe Peloton is a real tech company, since it cannot collect the degree of data companies like Facebook and Google can collect. Furthermore, similar to Uber's issue, Peloton's business relies on a buyer and manufacturer relationship which can drive up developmental costs.  Fitne

Welcome to winter   ABC , We will have our first meeting of the term   tonight at 6:30 PM in SamPhil room 102 . This is the same room as fall term. Secondly, thank you to all those who turned in Board Apps. They are under review by the current board. The planned topic for this week is   Peloton’s   business model   and the economics of workouts like   Soulcycle   or   Barry’s Bootcamp . Nevertheless, if you have a topic of interest, please don’t hesitate to bring it up at the meeting. See you tonight, The Board