Hints and tips:
...The scheme will treat founders akin to high-performance athletes, tapping clinicians to treat their nutrition, fitness, sleep and mental health....
...Mindbody, Stollmeyer’s software business that powered the systems of gyms and fitness studios, announced just before Christmas 2018 that it had a deal to sell itself to Vista Equity Partners....
...Breakneck growth has made F45 a voracious consumer of capital since at least 2019, when Wahlberg contributed alongside other investors in a $110mn funding round....
...As investors manage exposure to traditional private equity funds, it has spotted an opportunity it can’t pass up....
...Other large positions cut include crypto-firm Coinbase, internet retailer Warby Parker, music group Spotify and connected-fitness bet Peloton Interactive, according to the filings....
...It also significantly reduced its exposure to trading app Robinhood, selling almost 80 per cent of its stake, and Peloton, the beleaguered connected fitness company. Tiger Global declined to comment....
...Peloton under activist attackPeloton has come under attack from an activist investor who has demanded that the maker of connected fitness bikes and treadmills sack its chief executive and explore a sale...
...But unlike that fateful Sex and the City episode, many of the cubs’ hedge fund peers saw the fitness group’s tour de trouble coming from a mile away....
...Peloton’s share price climbed from $28 at the end of 2019 to peak at more than $170 in early 2021, as investors bet that the maker of connected fitness bikes and treadmills would prosper during lockdowns...
...He previously represented the company on the boards of start-ups such as the fitness group Peloton....
...In the first month of the pandemic, average hours spent on mental health and fitness apps rose 30 per cent, according to PitchBook data....
...“Strengthen, Lengthen, Tone” — it’s the battle cry of Manhattan-based luxury fitness chain SLT, offering patrons gruelling workouts for $42 a pop. No pain, no gain....
...More than a year after the internet group announced the deal, the European Commission has approved its $2.1bn acquisition of fitness tracker Fitbit....
...As the FT’s Katie Martin wrote in this opinion piece, fabled investors were hunting for canaries in the coal mines in the financial sector....
...Google’s Fitbit deal is facing regulatory challenges in Europe and the US over how it will handle the fitness tracker maker’s store of health data from some 28m users....
...Chinese electric car maker Nio reports earnings, with investors having low expectations after it only sold 707 of its SUVs in February....
...Tech tools — Hydrow rowing machine Hydrow hopes to become the Peloton of rowing, reports fitness fanatic and user Patrick McGee....
...No wonder start-up investors have gone cold on the sector....
...Brookfield Asset Management, the Canadian asset manager and one of the world’s largest real estate investors, is also interested....
...“We’ll have to see if it works out, but this is a Steve Jobs coming back to save Apple situation,” said one investor. 3....
...consumers to get involved in these investments, partially because the markets have tightened a bit and people have less liquidity to splash out on these kinds of deals right now,” said Sarah Kunst, founder of fitness...
...Of the 2014-15 vintage Petsmart had its credit rating downgraded three notches after it was bought by a consortium of investors led by BC Partners for about $8.7bn....
...With spin studio business SoulCycle’s looming initial public offering, and the recent flotations of budget gym chain Planet Fitness and activity tracker maker Fitbit, interest has flared as investors tap...
...Flag as Important Fitbit stock fell by as much as 10 per cent after it disclosed that the fitness-tracker maker’s founders and some early investors planned to sell more than $750m worth of stock in a follow-on...
...As volatility increases, investors demand a bigger price discount on IPOs. To boost confidence, the Vix would need to fall below 20, market participants said....
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