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  "documentTitle": "Blackwells Capital | Activist Presentation Deck | 65 slides",
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  "authorName": "Blackwells Capital",
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  "presentationDate": "2022-02-01 00:00:00",
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  "nDataPoints": 14,
  "notes": "Uses a CEO quote to highlight the gap between management's narrative and reality.",
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      "kind": "callout",
      "text": "Estimates of lofty growth are at odds with the current demand environment and further erode investor trust",
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      "text": "QoQ Connected Fitness Subscription Growth",
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      "text": "Mr. Foley once claimed that Peloton could reach “a couple hundred million” members in 15 years. Meeting Mr. Foley’s target of 200 million users in 2035 would require a compound annual growth rate of over 30% for the next 15 years",
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      "kind": "quote",
      "text": "“We'll continue to be a high or hyper growth company for years and years to come” – Foley, Earnings Call, August 26, 2021",
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      "text": "1. Source: Time Magazine interview, May 26, 2020. 2. Source: Peloton Interactive Q4 2021 Earnings Call transcript. 3. Source: Company filings.",
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      "kind": "title",
      "text": "LOSS OF CREDIBILITY: VISIONS OF GRANDEUR",
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