How The Founder Of Peloton Became A Billionaire!
In just several short years, off the back of a successful kickstarter campaign, John Foley took his cycling experiment and turned it into a multi-billion dollar enterprise. As a keen biker himself, Foley successfully raised over $300,000 to get his exercise startup off the ground.
But it wasn’t a case of overnight success, the bumps were hard and plentiful. A starling 400 investors turned down his idea. Now, John Foley is a billionaire, and those investors are kicking themselves. It’s all thanks to a particular catalyst, which propelled the company to superstardom. Let’s take a look at the incredible journey of Peloton, and how its talented founder made and spent his billions.