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Peloton Stalls Out

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Palaton's Own Bike

Foley was convinced that the bike itself wasn't really as important as the experience. A lot of investors were not interested in backing an unproven company aiming at a yet non existent market because no one had done this yet, so you couldn't prove there was a market out there for it. Foley said that he got a lot of nos in those days, but then he also got some people saying, hey, if this ever does become a thing, i want to buy one.

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