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3Alarm247 13 Oct 2020
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How The Founder Of Peloton Became A Billionaire

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In just seven 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.


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