Trade My Spin is building a business around used Peloton equipment

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Peloton had one of the most turbulent half decades in tech. The home fitness firm experienced some of the industry’s highest highs and lowest lows in dizzying succession. It’s the story of buzzy startup that became the target of a cult-like following among influencers and fitness fanatics. A global pandemic shot the brand to unknown heights, before over-investment, recalls, mass layoffs and executive departures brought the brand crashing back down to earth.



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Trade My Spin is building a business around used Peloton equipment


Peloton had one of the most turbulent half decades in tech. The home fitness firm experienced some of the industry’s highest highs and lowest lows in dizzying succession. It’s the story of buzzy startup that became the target of a cult-like following among influencers and fitness fanatics. A global pandemic shot the brand to unknown heights, before over-investment, recalls, mass layoffs and executive departures brought the brand crashing back down to earth.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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