185
Peloton’s former billionaire CEO says he’s lost all his money and had to sell his possessions
(finance.yahoo.com)
this post was submitted on 28 Aug 2024
185 points (96.0% liked)
Not The Onion
12313 readers
221 users here now
Welcome
We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!
The Rules
Posts must be:
- Links to news stories from...
- ...credible sources, with...
- ...their original headlines, that...
- ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”
Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.
And that’s basically it!
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
"I don't have much money left"
Proceeds to get 25 million in funding for his new company. Come the fuck on guy, you live a life practically nobody else does. Even if you were left with a paltry 50 million after you were kicked out of the company you drove into the ground with predatory subscription tactics. That's more than enough for you, your kids, and your grandkids to all live on comfortably... but no, you have over quadruple that.
Selling the 55 million dollar home just made sense because it wasn't making money for him the same way cash would.
A starving camel is still bigger than a horse