Referring to the Peloton case study, which reason best indicates why Peloton struggled to raise capital for so long? $($select the best answer$)$

Fome

Announcements

Zoom

Course Syllabus

Modules

Asignments

izzes

aluations

Ices

$$VCs much prefer pure software$/$platform based businesses with strong network effects and near zero marginal costs which was not the case for Peloton

$$VC$\text{'}$s did not invest in Peleton because they fiqured there were already better established players in the health and wellness sector

$$Peloton$\text{'}$s overly conventional founding team and Foley's lack of ambition didn't set them apart from other excercise companies

O Peloton's business model was not unique due to its simple value chain and was therefore far too easy to be replicated by its competitors

$$ The founders of Peleton were not able to make a impactful presentation and business case in front of the VC$\text{'}$s