The New York City-based smart stationary bike manufacturer and spin-class startup has not been shy about its intentions to go public. In 2016, CEO John Foley told Mergermarket an IPO was two years away. At the time, Peloton had already consulted investment bankers about its IPO prospects. Peloton would be wise to go public in 2018 in order to fetch the highest valuation for its disruptive business model, one source recently remarked.