John Foley

16 statements across 3 episodes · 5 bullish · 3 bearish · 3 people on the record · first statement Apr 29, 2019 by John Foley · said 12 times in 7 episodes since 2019 · across every show →

On the record as a speaker too: John Foley's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Guy Raz (10), Selina Tobaccowala (2)

tap a year for its mentions
002142201920202021202220232024episodesmentions
012201920202021202220232024episodes it came up in
001.5132201920202021202220232024episodesmentions per episode
2024 3 mentions in 1 episode
2022 4 mentions in 2 episodes 2 per episode
2021 1 mention in 1 episode
2020 2 mentions in 2 episodes 1 per episode
2019 2 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about John Foley, oldest first

Apr 29, 2019
Assertion Not checkable as stated
Foley: 400 institutional investors rejected Peloton before 100 angels gave $10M
“We have a hundred angels to get the first ten million, but in order to get a hundred angels at my success rate, I probably pitched 3000 people. And then the fourth, the 400 institutions that all said no.”
John Foley Apr 29, 2019 ▶ 25:35 Live Episode! Peloton: John Foley
Apr 29, 2019 positive
Insight
Foley: Pure Software Companies Are Easiest to Build and Fund
“A pure software company is easiest to do, and it's easiest to raise money for. Every venture capitalist is looking for the next Instagram platform. Where you put 250,000 dollars in, and 18 months later it sells for a billion dollars.”
John Foley Apr 29, 2019 ▶ 20:57 Live Episode! Peloton: John Foley
Apr 29, 2019
Assertion Not checkable as stated
Foley cleaned Peloton's bathrooms and vacuumed daily for three years
“I cleaned the bathrooms and I vacuumed every day for three years in this little place we had, and I kept it clean because We couldn't afford a cleaning office, and I didn't want anyone else distracted with the cleaning”
John Foley Apr 29, 2019 ▶ 28:37 Live Episode! Peloton: John Foley
Apr 29, 2019 positive
Insight
Foley: Telling People You're Launching a Startup Creates Accountability
“Putting the energy out there and telling other people gets a little, gets the momentum going and holds you accountable. And I thought that was a, that was an important thing for me having the courage, which is basically, I just, I had to deliver on my promises…”
John Foley Apr 29, 2019 ▶ 52:45 Live Episode! Peloton: John Foley
Apr 29, 2019 positive
Insight
Foley: Raising Peloton's price above $1,200 increased sales velocity
“We started pricing it at 1200 dollars, because it was just over 1200 dollars was our cost, and we're like, let's price it at cost, because we have the subscription digital content business model that comes afterwards, so we don't need to make any money, and we…”
John Foley Apr 29, 2019 ▶ 32:50 Live Episode! Peloton: John Foley
Apr 29, 2019 negative
Assertion Supported
Foley: Half of Peloton's 200 Kickstarter buyers were existing investors
“And 200 people I guess we raised 300,200 people bought, and a hundred of them were investors.”
John Foley Apr 29, 2019 ▶ 32:11 Live Episode! Peloton: John Foley
Apr 29, 2019 negative
Assertion Not checkable as stated
Foley: Early Peloton team got kicked out of Flywheel and SoulCycle
“Well, we all of us very quickly got kicked out of Flywheel and SoulCycle.”
John Foley Apr 29, 2019 ▶ 23:31 Live Episode! Peloton: John Foley
Apr 29, 2019
Disclosure
Foley: I Bought Houses for My Parents and In-Laws
“I spend money as fast as we get it, and I bought my parents a house. They didn't have any money bought my parents a house, and we just recently bought my in-laws a house and so I am, you know we don't have much money in the bank account still, because I'm, eve…”
John Foley Apr 29, 2019 ▶ 50:31 Live Episode! Peloton: John Foley
Apr 29, 2019
Assertion Supported
Foley: Peloton raised a $400k seed round at a $1.6M pre-money valuation
“The seed round was relatively easy. It was 400,000 dollars At a 1.6 million pre money valuation, so two million post.”
John Foley Apr 29, 2019 ▶ 19:43 Live Episode! Peloton: John Foley
Apr 29, 2019 positive
Insight
Foley: HBS showed no one is significantly smarter than anyone else
“It did in many ways changed my trajectory, because it gave me the confidence to know that no one is that much smarter than the next person, and everyone's trying to figure it out, and so it was a transformative opportunity for me to go.”
John Foley Apr 29, 2019 ▶ 7:23 Live Episode! Peloton: John Foley
Apr 29, 2019
Assertion Partly supported
Foley: IAC acquired Evite for $3M and cut staff from 120 to six
“And I think we bought it for three million dollars, because it was 2001, and everything had crashed. And so, it had, at one point, a 120 people. I got it down to six people.”
John Foley Apr 29, 2019 ▶ 9:49 Live Episode! Peloton: John Foley
Apr 29, 2019 bearish
Opinion
Foley: Competing Against Amazon in Core Categories Is a Nightmare
“Trying to compete with Amazon 15 years late. I mean, you don't wish on your worst enemy competing against Amazon in their core category, right?”
John Foley Apr 29, 2019 ▶ 12:13 Live Episode! Peloton: John Foley
Apr 29, 2019
Assertion Not checkable as stated
Foley: Peloton's first prototype was manufactured 40% too large
“There was a little scale problem where the first prototype was about 40% too big.”
John Foley Apr 29, 2019 ▶ 29:45 Live Episode! Peloton: John Foley
Apr 29, 2019 bullish
Assertion Not checkable as stated
Foley: Peloton converted 50% of mall shoppers who tested the bike
“Generally, if I could get somebody on a bike, honest to God, I got to a point where it was There's a fifty-fifty chance that you're gonna buy the bike, even though you just heard of it.”
John Foley Apr 29, 2019 ▶ 42:39 Live Episode! Peloton: John Foley
Nov 11, 2019 neutral
Assertion Supported
Tobaccowala: Peloton CEO John Foley ran Evite after Ticketmaster acquisition
“The guy who was in charge of it actually for most of that time was a gentleman named John Foley, who's now the CEO of Peloton.”
Selina Tobaccowala Nov 11, 2019 ▶ 46:52 Evite: Selina Tobaccowala
Nov 21, 2024 neutral
Assertion Supported
Peloton founder John Foley lost nearly his entire billion-dollar fortune
“At one point, he was worth almost a billion dollars. And he lost all, almost all of it, actually. And I recently read an article where he, in the Wall Street Journal, where he basically said, look, I'm, you know, I lost virtually all my money, but he has start…”
Guy Raz Nov 21, 2024 ▶ 36:09 Advice Line with Chris Ruder of Spikeball
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