I think we’re starting to see a bit of “post pandemic” economic factors and that explains some of the shake up on Wall Street as of late. I always felt this about Peloton more than anything though, that it was not going to be able to sustain growth numbers as the pandemic when either of these came to pass:
1) ended officially
2) waned on to the point that it became "normalized" in how to handle day to day activities out
Largely, I think some things that were popular in the pandemic got outsized growth through it, may fade in popularity quickly or outright be out of business as people want to resume more normal behaviors they had pre pandemic.
I wonder how Zoom will fare. I think its more sticky than Peloton because everyone is transitioning to remote work for White Collar workers and I don't see that particular bit being given up quite so easily now, we shall see if thats the case over the coming months I think
1) ended officially
2) waned on to the point that it became "normalized" in how to handle day to day activities out
Largely, I think some things that were popular in the pandemic got outsized growth through it, may fade in popularity quickly or outright be out of business as people want to resume more normal behaviors they had pre pandemic.
I wonder how Zoom will fare. I think its more sticky than Peloton because everyone is transitioning to remote work for White Collar workers and I don't see that particular bit being given up quite so easily now, we shall see if thats the case over the coming months I think