Any Peloton bike users here?

Any Peloton bike users here?

Author
Discussion

z4RRSchris

11,355 posts

180 months

Monday 13th May
quotequote all
last week they lost their CEO, cut 15% of the workforce and lost $170 million in the first 3 months of the year.

they wont be around for much longer.

nordboy

1,520 posts

51 months

Monday 13th May
quotequote all
z4RRSchris said:
last week they lost their CEO, cut 15% of the workforce and lost $170 million in the first 3 months of the year.

they wont be around for much longer.
I'm sure they will, if it fails in its current form, someone will soon buy it, change/ develop it. It's too big to totally go under and disappear.

Loads said exactly the same about Amazon when it didn't make a profit for its first 9 years, losing over $700 million in the process (which would be around $1.2 billion in todays money).

dirtbiker

1,205 posts

167 months

Tuesday 14th May
quotequote all
I'd be surprised if they go out of business, it's a very slick interface and the hardware is pretty decent.

I had a first go at the Lanebreak game last week which I quite enjoyed, do like a bit of gamification!

lauda

3,528 posts

208 months

Tuesday 14th May
quotequote all
nordboy said:
z4RRSchris said:
last week they lost their CEO, cut 15% of the workforce and lost $170 million in the first 3 months of the year.

they wont be around for much longer.
I'm sure they will, if it fails in its current form, someone will soon buy it, change/ develop it. It's too big to totally go under and disappear.

Loads said exactly the same about Amazon when it didn't make a profit for its first 9 years, losing over $700 million in the process (which would be around $1.2 billion in todays money).
I have no view on whether or not Peloton will fail but I’d suggest that the business and business model are sufficiently different to Amazon’s as to make any comparison meaningless.

I know one person with a Peloton. I’m not sure I know anyone who hasn’t used Amazon.

lizardbrain

2,079 posts

38 months

Tuesday 14th May
quotequote all
Can i ask a couple of questions.

Looking on ebay some of the used pelatons are looking quite good value vs the new bikes in my decathon store.

Is the bike itself top end, as a dumb bike? And is the screen of any use without the class subscription?

I recently bought a cheap turbo trainer, but my bike is rattly, and for whatever reason i can't get a smooth stroke going. The bikes in decathlon i liked best had a heavy flywheel so it all felt smooth.

I tried zwift but I don't think any of the online features are for me.


z4RRSchris

11,355 posts

180 months

Tuesday 14th May
quotequote all
the bike itself is average at best. The screen you can hack, but in essence its for peloton only.

read DC Rainmaker https://www.dcrainmaker.com/2022/11/peloton-bike-i...

The overall system is slick, i peronsally think its a pile of st and a decent turbo + bike + screen is a better bet, as you can run peloton, zwift, training peaks, etc etc etc.

hourses for courses, do you want to get fit or do you want to get better at cycling

gangzoom

6,358 posts

216 months

Wednesday 15th May
quotequote all
z4RRSchris said:
i peronsally think its a pile of st and a decent turbo + bike + screen is a better bet, as you can run peloton, zwift, training peaks, etc etc etc.

hourses for courses, do you want to get fit or do you want to get better at cycling
Maybe try some anger management smile.

You are right though at the end of the day it's just about works best for you. My most expensive real bike has a rrp of £6k, in 18 months of ownership I've done just over 600 miles, that's £10 per mile, not sure how you would define expensive P... of S..., but for £ per mile my actual road bike is in number one spot by a country mile (or two).



Peloton on the other hand has literally changed my body, coming up to mid 40s and I feel in best physical shape than at any time in my life (pre-Peloton). Man bra and tummy control pants no longer needed, best £££ I've spent on any exercise gear (unlike the real bike).


thisnameistaken

43 posts

29 months

Wednesday 15th May
quotequote all
z4RRSchris said:
the bike itself is average at best. The screen you can hack, but in essence its for peloton only.

read DC Rainmaker https://www.dcrainmaker.com/2022/11/peloton-bike-i...

The overall system is slick, i peronsally think its a pile of st and a decent turbo + bike + screen is a better bet, as you can run peloton, zwift, training peaks, etc etc etc.

hourses for courses, do you want to get fit or do you want to get better at cycling
Completely agree, if you're into cycling there are far better options with more accurate power meters and more modern and effective training plans for less money. If you like Peloton and the idea of live classes and all that comes with that then there's not really much to rival them. Ultimately, if you ride already then you'll know what you like but if you're getting into it and Peloton appeals then it's better than not riding at all.

As an aside, if you didn't gell with Zwift's online functionality then I can recommend My Woosh as long as you're comfortable sending money to the baddies.

JEA1K

2,516 posts

224 months

Wednesday 15th May
quotequote all
z4RRSchris said:
last week they lost their CEO, cut 15% of the workforce and lost $170 million in the first 3 months of the year.

they wont be around for much longer.
I said this around 4 years ago, Peloton is a fashion item ... when its out of fashion, it will die. They spent huge amounts on marketing, I mean, it was everywhere ... they rode the covid wave ... but it was all an overambitous gamble.

The statements by the CEO around Peloton permanently influencing the fitness market and causing gyms globally to close were a particular highlight for me biglaugh

Whist the customer base will have significant value, not many buyers would want both the tech and the product side of Peloton. I don't think many Peloton customers will have the inclination to use 3rd party devices (trainer plus bike) if it just becomes a software based/app company and no longer produces an in house bike ...

z4RRSchris

11,355 posts

180 months

Wednesday 15th May
quotequote all
they have 2 million odd members paying subs, thats double strava.

BUT, the tech / classes is expensive to produce, and making your own hardware is a ball ache

nordboy

1,520 posts

51 months

Wednesday 15th May
quotequote all
z4RRSchris said:
they have 2 million odd members paying subs, thats double strava.

BUT, the tech / classes is expensive to produce, and making your own hardware is a ball ache
Google says over 6 million?

Julian Scott

2,613 posts

25 months

Wednesday 15th May
quotequote all
z4RRSchris said:
hourses for courses, do you want to get fit or do you want to get better at cycling
Thats the crux of it (although Horses, not Hourses.....although we complained at for spending hourses on them ;-) )

If it's instead of going to a spin class to get fit, the Peloton is a good option, good eco-system, fun, and the 'on the go' options are a real benefit.

If its to get better at cycling, it's pretty poor compared to a bike and a turbo...and even poorer compared to a proper indoor smart bike.

Julian Scott

2,613 posts

25 months

Wednesday 15th May
quotequote all
gangzoom said:
z4RRSchris said:
i peronsally think its a pile of st and a decent turbo + bike + screen is a better bet, as you can run peloton, zwift, training peaks, etc etc etc.

hourses for courses, do you want to get fit or do you want to get better at cycling
Maybe try some anger management smile.

You are right though at the end of the day it's just about works best for you. My most expensive real bike has a rrp of £6k, in 18 months of ownership I've done just over 600 miles, that's £10 per mile, not sure how you would define expensive P... of S..., but for £ per mile my actual road bike is in number one spot by a country mile (or two).

[Img]https://live.staticflickr.com/65535/53721900358_196e8e8d22_c_d.jpg[/thumb]

Peloton on the other hand has literally changed my body, coming up to mid 40s and I feel in best physical shape than at any time in my life (pre-Peloton). Man bra and tummy control pants no longer needed, best £££ I've spent on any exercise gear (unlike the real bike).

[Img]https://live.staticflickr.com/65535/53720884887_64bc1918aa_c_d.jpg[/thumb]
Thats because you bought a £6k bike but don't ride it ;-)

My most recently acquired bike was just over £15k, I've done over 10,000km on it, so I'm down to £1.5 per km. It's a custom build so I'll keep it forever. In 5 years it will be pennies per km.

My 'next' bike was £10,000. That's done 27,000km so we're down to about 35p per km.

In summary:

Sports hardware is expensive per use if you don't use it.
Riding 400 miles per year will not get you particularly fit.

To conclude; ride your bike more.


Thank you for coming to my TED Talk


okgo

38,313 posts

199 months

Wednesday 15th May
quotequote all
hehe

I can't tell you how many houses I've been round (I'm buying a house at the minute, and met loads of new people via my young kid in last 2-3 years) that have a Peloton crammed in the corner covered in clothes. Indoor exercise equipment is notoriously bad for becoming a clothes horse within months of purchase.

You're right though, everything is expensive if you do not touch it!

JEA1K

2,516 posts

224 months

Wednesday 15th May
quotequote all
okgo said:
hehe

I can't tell you how many houses I've been round (I'm buying a house at the minute, and met loads of new people via my young kid in last 2-3 years) that have a Peloton crammed in the corner covered in clothes. Indoor exercise equipment is notoriously bad for becoming a clothes horse within months of purchase.
Here's a previous post on this thread from Aug 2021biglaughbiglaugh

JEA1K said:
It'll disappear up its own arse within 18 months. I wonder what proportion of their bikes are unused after 6 months and are used as clothes horses?

Their business is built on bullst ... they're aiming for 100m subscribers worldwide based on 200m gym users currently estimated, so their 'pipe dream' is for 50% of global gym users.laughlaughlaughlaugh to be subscribers. Straight out of the Trump school of business.

gangzoom

6,358 posts

216 months

Wednesday 15th May
quotequote all
Julian Scott said:
Thats because you bought a £6k bike but don't ride it ;-)

My most recently acquired bike was just over £15k, I've done over 10,000km on it, so I'm down to £1.5 per km. It's a custom build so I'll keep it forever. In 5 years it will be pennies per km.

My 'next' bike was £10,000. That's done 27,000km so we're down to about 35p per km.

In summary:

Sports hardware is expensive per use if you don't use it.
Riding 400 miles per year will not get you particularly fit.

To conclude; ride your bike more.


Thank you for coming to my TED Talk
I prefer to ride the Peloton, and in the real world the Boardman is more practicalsmile.

I will be buying some kind of hardtail eBike soon though, I suspect it'll do less than 100 miles per year!!

gangzoom

6,358 posts

216 months

Wednesday 15th May
quotequote all
okgo said:
hehe

I can't tell you how many houses I've been round (I'm buying a house at the minute, and met loads of new people via my young kid in last 2-3 years) that have a Peloton crammed in the corner covered in clothes. Indoor exercise equipment is notoriously bad for becoming a clothes horse within months of purchase.

You're right though, everything is expensive if you do not touch it!
GRX shifters make for great swim bag holders, and the handle bars for drying out towls...


thisnameistaken

43 posts

29 months

Thursday 16th May
quotequote all
That’s a depressing picture

cerb4.5lee

30,980 posts

181 months

Thursday 16th May
quotequote all
thisnameistaken said:
That’s a depressing picture
Even moreso when you actually need to use the loo I'd imagine! hehe

cerb4.5lee

30,980 posts

181 months

Thursday 16th May
quotequote all
I still enjoy using the Peloton in fairness, however I have got back into running again though, so I'm not using it quite as much as I used to. I'm trying to switch my fitness(a very loose term at my age) between the two now.