Peloton Has An Expense Problem

A look at the company’s P&L raises serious questions about its administrative costs

Kevin LaBuz
Marker
Published in
6 min readSep 19, 2021

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Michael Loccisano/Getty Images

Jimmy McMillan had a point. Just one. The rent is too damn high.

McMillan founded the Rent Is Too Damn High party and ran for mayor of New York City in 2005 and 2009 and governor of New York state in 2010. While his bids were unsuccessful —…

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Kevin LaBuz
Marker

Head of IR & Corporate Development at 1stDibs. Previously finance at Etsy, Indeed, and internet equity research at Deutsche Bank. Find me on Twitter @kjlabuz.