$PTON slipping as investors begin to doubt investment thesis that people want to work out at home on a financed bicycle while violating music copyrights— Investor Gator 🐊 (@GatorInvestor) September 27, 2019
$pton could be a perfectly lovely $200mm-$2bn company. That should have been a success.— luis carruthers (@orthereaboot) September 27, 2019
Now, unfortunately, it’s taken too much funding at too much valuation on too much mythical TAM & disaster will ensue.
Current state of most of SV.
exactly, all these multibillion market cap companies for what used to be a few hundred million.— Zekeboy (@Zekeboy4) September 27, 2019