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A couple of big stories this morning. Peloton pricing the ipo. Price tag at 29 a share raising about 1. 6 billion now valued at roughly 8. 1 billion makes about a billion in revenue but loses 245 million annually. Now under the ticker pton. The peloton ceo will join us live this morning. If you have questions sen them in peloton. 245 million in losses well talk about the math of that and where they see profits and what it all means. Does anyone know about the treadmill . I do. It is expensive. It is about 4,000 the bike is about 2,000 plus. I have one. The bike is quite a piece of equipment. It is heavy. It is really well made i just got one two weeks ago. You can have someone screaming at you you can go outside. It is there, all free. Eamon javers is with us the hardware is a highmargin product. Higher now than an iphone. It is the services and the investment and the media component costing them they are doing a lot of build outs is that recurring cost or eventually be built out . The ....
China is a partner with us. We exchange students, exchange faculty come all for the betterment of scholarship and for research. Not directly involved in those sordid discussions but it bears, we may be able to play along the way we might think about how we can be helpful to someone. I will add one more point because its important. Theyre making a lot of judicial changes. They established a special is ip core to your ip cases. This is a national court, not local. Its a national court, very much looking through it as an experience or judicial reform, greater amount of transparency into the recordation of their opinions, allowance of our discovery and maybe even greater damages or towards along the lines for ip rights. Those are positive changes were looking forward to. I think theyre working very hard on. I think it is a positive step. Out of are basing office weve been working with the ip court in the last six months they been established. Doing training for the judges and holding faire ....
Numbers it is still something that is at a young age and something i would like to point out if it is great for the fight to have their resources create faculty and faithbased undocumented youth but its also important to note a lot of Higher Education comes from high school and it starts from there. That is very important to point out. Send the mouse ever mentioning about faithbased. I actually had the opportunity to talk to my counselor when she actually encouraged me. Unfortunately that is not the case for undocumented ear through their First Encounter as a guidance counselor, teacher considered being encouraged are actually being discouraged to even think about possibilities because that is due to the lack of knowledge. Something else we wanted to point out that we fundamentally believe the greater impact for undocumented people when undocumented people are part of the ....
We have a scheduler, one person who handles everything, both in the district and in d. C. Shes based here in d. C. And we have a chief of staff, serves as legislator director. We have a good team, you make adjustments officer the course of months and years. And responsibilities, people come and go with life events, and thats the best way to stay organized is having a good team. How do you interact with Republican Leadership on a daily basis . Well, i you probably i would say i interact with my colleagues most on the floor. When were there for votes. Thats what happens most often. There may be events in the evening or youre able to cross paths with a particular member. At times you might be sitting in a dinner for two hours, next to a colleague. Someone maybe that youre first time youre having a conversation with them. So i would say over the course of a routine, though, here, you most frequently interact with leadership and ....
Brotherinlaw jack who stayed in the military for 22 years after vietnam, it was a good place for him to be. But for my other brotherinlaw, my wifes brother who is a helicopter pilot in the vietnam. He got out after his tour. And it was very, very challenging for him to try to blend in and forget, you know, to pretend he wasnt a vietnam veteran. Which at that time, so many who had been to vietnam had to do. It was a challenging time. And our nation treated our veterans in a shameful manner. It was a difficult time for our country and our veterans. It was a hard time for the army, i know. Very difficult time for our marines. But we learned, i think, the reason you see over 40,000 military nonprofits out there today, and there are over 40,000 that have popped up in the last 14 years. And i think one of those, one of the reasons is because people are aware of what happened in the late 60s and early 70s to mid70s to when our Vietnam Vete ....