Sunday, September 22, 2019

A look at Peloton, which may raise $1.2B in this week's IPO and sells $2.3K iPad-equipped stationary bikes and $40/mo. cycling video subscriptions to 510K+ subs (Josh Constine/TechCrunch)

Josh Constine / TechCrunch:
A look at Peloton, which may raise $1.2B in this week's IPO and sells $2.3K iPad-equipped stationary bikes and $40/mo. cycling video subscriptions to 510K+ subs  —  13 reasons this bike has a cult  —  It makes lazy people like me work out.  That's the genius of the Peloton bicycle.



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...