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Business @ the Speed of Thought

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Business @ the Speed of Thought

Using a Digital Nervous System

Authority Press,

15 min read
3 take-aways
Audio & text

What's inside?

Most companies don't know how to use information. The first ones to find out will beat their competitors2.


Editorial Rating

7

Qualities

  • Eye Opening
  • Overview
  • Background

Recommendation

Peloton bikes were a hit in spring 2020, as the COVID-19 pandemic shuttered gyms worldwide. Home-based fitness took off, and John Foley’s small company, with its networked exercise bikes and social media presence, took advantage, earning $2 billion a year in subscriptions. But, as Becky Peterson, Dakin Campbell and Kylie Robison report for Business Insider UK, the boom ended with COVID-19. To satisfy investors, Foley – who remains with the company – stepped down as CEO as new CEO Barry McCarthy took charge of Peloton. Will a tech or sports industry giant acquire Peloton or can the founder and the CEO save it? Foley has the grit and determination, and McCarthy the sound financial sense to pull it off.

Summary

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About the Authors

Insider (formerly Business Insider (BI)) is an American financial and business news website founded in 2007. It has published native advertising and grants sponsors editorial control over its content.


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