Peter Kafka

@pkafka ↗

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Last Checked July 21, 2021

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Tue Jun 22 18:42:46 +0000 2021

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Peter Kafka @pkafka

@doctorow What percent of Peloton’s revenue comes from bike/equipment financing? — PolitiTweet.org

Posted June 22, 2021

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Peter Kafka @pkafka

This is good and also illustrates a structural problem for Future, the tech pub Marc Andreessen owns: A friendly q&a on someone else’s substack elicited a better read than the essay he wrote for his own site. — PolitiTweet.org

.@pmarca is spot on here https://t.co/zMSiP5e6mc https://t.co/Vlc8b58X30

Posted June 22, 2021

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Peter Kafka @pkafka

@PeterAbraham @doctorow @JoeVennare I believe the answer is less than zero. They pay Affirm a fee for financing the equipment sales. So saying they are in the finance (usury) business is a stretch. It’s like saying they are in the music business because they pay the music labels a fee for use of their continent. — PolitiTweet.org

Posted June 22, 2021