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Today in the Red Chair is Yoni Feng, the CTO of Peloton, which makes a spin bike for the home and broadcast daily spinning classes over the internet to the bike.

It's a really interesting trend and in fact is very popular among techies.

He's been with the company since 2012 and previously worked for Cisco, Skype, and Ticketfly. Yoni, welcome to the show.

Thank you, thank you.

So I was in New York and I got an email from your beer person and I'm always been interested in Peloton, so I was very happy I was able to talk to you here.

Because it's sort of an interesting genre of the internet of things, but in a wholly different way.

So why don't you explain what you're doing and how it's different in the exercise space?

Certainly. The idea of Peloton is that you're taking a high energy group fitness class, in this case, on a indoor cycle, and trying to recreate that distributed ecosystem energy that you're generating in a classroom setting into a distributed geographically different people.

To people are everywhere taking these classes now.

You are everywhere, virtually taking this class everywhere, and kind of transferring that same level of energy in a single classroom, but to hundreds or thousands of people who are taking it in remote locations and dispersed.

But at the same time, they're all brought together by this experience.

How has it been so much different than there used to be shows on television, exercise shows that people followed along with, or you're not as old as I am, but Jane Fonda had a series of videos that were super popular,

and they were talking about videos that people did at home. What is the difference from your perspective in what you're doing?

So in the traditional broadcast where you're looking at exercise routines on the television screen, it's more one directional.

You're looking at the instructions or telemetry to do xyz.

We're on, we have them on xbox and things like that, yeah.

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