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Corporate Gossip

Peloton: Riding off a cliff (Part 1)

Corporate Gossip

Becca Platsky

Society & Culture, Business

5.0590 Ratings

🗓️ 21 October 2022

⏱️ 43 minutes

🧾️ Download transcript

Summary

Has Peloton spun off the track? How did this coveted brand crash and burn? And why didn't founder John Foley hit the breaks? In this two part episode, we follow the rise of this pandemic-era darling and identify how the wheels started to wobble. 

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Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com

Produced by: Michael Albanese @bigmanmike

 

Transcript

Click on a timestamp to play from that location

0:00.0

New York at Christmas time. It's magical. But let's be real. The more money you have, the more

0:06.1

magical things seem to be. Off Fifth Avenue, the Plaza Hotel is where the elite go to

0:11.7

celebrate the season in style. An average event held under the soft glow of the famous 18-foot

0:18.1

Christmas tree? Just a mere hundred grand. Tonight's corporate holiday party is a very special affair.

0:24.6

Those in attendance aren't the typical slumpy finance bros in Patagonia vests.

0:29.6

No.

0:30.6

These attendees are all about shining smiles, glamorous gowns, and incredible physiques.

0:36.6

Among these evenings' guests

0:39.3

is an exceptionally high number of toned biceps and chiseled calves. Of course, when you're

0:45.4

invited to the plaza, you're going to post it to the gram. What's the point of getting

0:49.5

dolled up for a six-figure affair if you can't share the news with your followers, right? A tall, well-sculpted man, donning a black baseball cap and a purple sequin jacket,

1:01.0

takes a picture with his date.

1:03.0

She wears a drapey red dress adorned with sequins.

1:07.0

Her look is completed with silver boots.

1:09.0

The two have been invited to the holiday of Bash, along with thousands of Peloton elites.

1:14.9

Their host, none other than CEO John Foley, and his wife, co-founder and VP of Apparel, Jill Foley.

1:22.6

The next morning, Mr. Purple Sequin Jacket gets out his phone and posts a picture.

1:27.4

Beneath the photo, he types, red lights with my red head in a red dress, last night at the

1:32.8

At One Peloton holiday party.

1:35.6

Most of us hardly took any photos.

1:37.5

I guess that's the sign of a good night.

1:40.4

Feeling grateful A. F. today.

...

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