WSJ News Exclusive | Peloton Seeks Minority Investment to Shore Up Business
Peloton Interactive Inc. is exploring a sale of a sizable minority stake, in an effort to shore up its business as the once-hot bike maker’s stock continues to sink. The fitness company is targeting potential investors including industry players and private-equity firms that could take a stake of around 15% to 20%, according to people familiar with the matter.
- The US femtech market is booming, with room for many startups to grow (with two buzzworthy developments last week)
- Psychedelic startups are on a long journey to consumer markets, but these 5 VCs are taking the ride