Neil Cybart Neil Cybart

Peloton’s Fix-It CEO Quits

 
 

After two years at the helm, Peloton CEO Barry McCarthy resigned last week. With no success at reigniting growth, McCarthy left the initiative to his Peloton co-workers to figure out - at least those who will survive yet another round of layoffs. The Peloton story has been a fascinating one to watch, both on the way up and down. Most of McCarthy’s product ideas were at odds with where the connected fitness industry is headed, dooming any chance he had at proving Peloton could become a larger company.

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Neil Cybart Neil Cybart

Peloton’s Ride Is Ending

 
 

We are at the point where we can begin writing Peloton’s eulogy. Last week, Peloton co-founder and former CEO John Foley stepped away from the company by resigning from the board. He had moved into the executive chairman role this past February after bringing in Barry McCarthy to fix his errors and miscalculations.

Peloton’s user trends continue to worsen.

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Payment is processed and secured by Stripe. Apple Pay and other mobile payment options are accepted. Special bundle pricing is available for Above Avalon members.

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  • Receive Exclusive Essays. The cornerstone of an Inside Orchard subscription is access to Neil’s weekly essays on the latest developments in the technology industry. Weekly essays are 1,000 words and sent via email on Mondays. Essays revolve around the following topics: technology industry analysis, business model analysis, technology’s impact on societal and consumer trends. A sample essay can be viewed here.

  • Access Exclusive Private Podcast. Listen to Inside Orchard essays via an exclusive private podcast. After becoming a paid subscriber, all previously-published podcast episodes become available in your favorite podcast player. Podcast episodes never become available to the public.

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