John Foley

“Six months ago, we had about a 100,000 digital subscribers for the business. And within 45 days of COVID hitting they gave this deal that said, you're not getting a month free, you get three months free because people need to work out at home. And within 45 da…”

“Interestingly, fully, and I think he's right on this, I think this isn't one of his sort of, like, grandiose statements that ends up not being true, thinks that the tread market is, like, three X what the bike market is, because running is a much more, like, t…”

“His current remaining stock, even at the closing price on Monday was five hundred million dollars.”

“And I think, I'm not sure if this was IAC or his next gig, but he ended up taking over the post bubble Evite team. That had shrunk from like hundreds and hundreds of people down to this like very small group and grew it to like, I think you grew it from like a…”

“John Foley sold ninety six million dollars of Peloton stock in 2021 when the price was really high and he was talking about what a strong future the company still had in front of it.”

“According to Peloton's proxy statement, he controls 39.6, so right around 40% of the voting power of Peloton's stock, and his co-founders own another 18%.”

“He ends up raising 400,000 dollars to start from friends and family at a two million dollar post money valuation.”

“He had been prior to starting Peloton. He had been the head of Barnes and Noble's nook business, their e-reader business which is based in New York.”