While WeWork parent We Co. has put its IPO on ice, Peloton Interactive, Inc. has attributes that will likely draw strong investor demand, according to IPO Edge Editor-in-Chief John Jannarone in an interview with TD Ameritrade. One critical metric for Peloton is its customer acquisition cost, which, while significant, is covered right away when it sells cycles and treadmills upfront. That’s vastly different from other troubled models such as Lyft, Inc. and Uber Technologies, Inc., whose shares have languished after their IPOs this year.
