Fitness provider Peloton Interactive was the last unicorn to go public in 2019, and its debut just as the WeWork scandal was erupting cast a pall from which it has yet to recover.
Similar to what WeWork did with its real estate and Tesla has done with cars, Peloton has argued it’s really a technology company — not simply a purveyor of stationary bicycles that use proprietary tech and live-streamed classes to simulate the gym experience.
Investors