Peloton’s New CEO Is Incredibly Candid, & the ‘Micromort’ Estimates Risk of Dying From Any Activity

Two Great Reads on Leadership, and Rational Risk Taking

Two great reads I wanted to share with you — one is about leadership, the other is about risk.

Peloton’s New C.E.O. on the Tough Road Ahead

Interview with Barry McCarthy by NYTimes DealBook

This was one of the most candid interviews by an incoming CEO in a turnaround situation that I’ve ever seen!

Lots of analysts have said that everyone who wants a Peloton already bought one. How big is the TAM, or the total addressable market?

You can’t possibly know what the TAM is. You’re in the middle of inventing the TAM.

On founders and vision, and the challenges of reality

What have you learned from the other founders you’ve worked with?

They see things the rest of us don’t see, which is why they get to be founders.

What went wrong here?

They got caught up in the vision thing at the expense of getting real and dealing with the world as it is. I mean, really, who thought that Covid was going to be the forever thing?

On his relationship with John Foley [Peloton cofounder, Board member and original CEO

How hard will it be leading the…