The Story of Peloton’s 3-Year Nightmare | Corporate Casket

Go to http://dipseastories.com/casket to get a 30-day free trial. Welcome to the Corporate Casket, a semiweekly series where bad businesses go to die. We will discuss any and everything from bad charities, terrible CEOs, and businesses that have a lot to hide.  Years ago, the home exercise giant Peloton seemed to be the toast of the town. Everyone was enamored with the rapid rise to success of the company that sold luxury bicycles and treadmills and their skyrocketing profits seemed to reflect consumers' undying love. But, as their orders grew they found themselves enthralled with a whole new host of issues. They scaled way too fast, had one PR blunder after another, and soon lawsuits came flooding in. What’s that saying? What goes up must come down. Yeah, it seems like we might be in the “down” part of Peloton’s story.  Connect with me: https://linktr.ee/iilluminaughtii Sources: https://justpaste.it/ccrte Writers/Researchers/Helpers: Jess Hubbert This episode was edited and mixed by: @GThomasCraig  Album cover art created by: Betsy Primes Intro Song Credits: Last to Fall- Will Van De Crommert Outro Song Credits: Sacred and Profane- Nicholas Rowe Learn more about your ad choices. Visit megaphone.fm/adchoices