• Triton

Peloton - A Shining Example of Good Disclosure

In an appearance on this morning's CNBC Squawk Box, Triton's Rett Wallace compared the key metric disclosure in Peloton's IPO prospectus to that of recent tech IPOs such as WeWork and Uber. "It is really a shining example of what you should do if you want investors to be able to model out your business going forward. Peloton did something shocking in their IPO prospectus in that they gave us their churn rates, their customer acquisition cost, and the lifetime values of their customers, which is just something that we almost never see." Excerpt from CNBC's Squawk Box - HERE