This isn’t the usual type of content I post, but it does interest me and it may interest you.
The gist of this is, as best I can make out, is:
- A private equity company called Black Rock Capital own a 5% stake in Peloton;
- Peloton have performed poorly as Covid / the pandemic has ‘eased’;
- Black Rock Capital want to replace the CEO of Peloton.
None of that is my summary, I learned this stuff from the comments on Hacker News.
I have no idea if this presentation will stay online, but whilst it does you can read here.
Ouch.