Heading toward potentially becoming a public company, Peloton Interactive Inc. is reportedly talking with banks about an initial public offering (IPO). The company is seeking a debut in the latter half of the year, The Wall Street Journal reported.
According to unnamed sources cited by the outlet, the company is looking for a valuation over $4 billion. But in 2017, the company took in capital at a valuation of $1.25 billon. Now, Peloton is reportedly forecasted to choose underwriters over the weeks to come. In an interview with the paper