Video streaming stationary bike maker Peloton raises $550M led by TCV, sources say at a $4.15B valuation, ahead of expected IPO in 2019 (Maureen Farrell/Wall Street Journal)

Maureen Farrell / Wall Street Journal:
Video streaming stationary bike maker Peloton raises $550M led by TCV, sources say at a $4.15B valuation, ahead of expected IPO in 2019  —  Company raising $550 million in latest financing as it considers an IPO; investor calls it ‘the Netflix of fitness’  —  Peloton Interactive Inc …

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