Peloton IPO: Here are the Early Investors That Are Poised to Cash In

Aug 29, 2019 - Fortune

Cult fitness company Peloton released their IPO filing on Tuesday, making it the newest member of the high-cash-burn club to go public this year (think Uber, Lyft, and soon WeWork).

While Peloton’s prospectus outlined a mission that apparently “sells happiness” (among other things), the fitness company has managed to raise a total of over $994 million in private funding rounds. And with over a 100% growth rate and a valuation in the billions, some early-stage investors may be gettin...