2012
John Foley raised an initial $400,000 from friends and family at a $2 million post-money valuation to start Peloton.
“he ends up raising $400,000 to start from friends and family at a $2 million post money valuation.”
Topic
John Foley
5 facts from 1 episode, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
2020
John Foley said Peloton's three-month COVID digital trial drew close to 1.2 million people within 45 days, up from about 100,000 digital subscribers.
“within 45 days, we had close to 1.2 million people who had jumped on the trial.”
2021
Activist investors pointed out that John Foley sold $96 million of Peloton stock in 2021.
“John Foley sold $96 million of Peloton stock in 2021 when the price was really high.”
2022
Activist investor Blackwells Capital announced a 5% stake in Peloton and called for John Foley to resign and for a strategic sale process.
“an activist investor called Blackwell's capital comes out and announces that they've accumulated a 5% stake in Peloton.”
2022
According to Peloton's proxy statement, John Foley controls about 39.6% of the company's voting power.
“According to Peloton's proxy statement, he controls 39.6. So right around 40% of the voting power of Peloton stock”
Episodes