Need-To-Know IPO: Is SoulCycle The Next Fitbit?

The IPO market got an extra spring in its step when fitness band maker Fitbit (FIT) went public in June, so it should be no surprise that people are talking about SoulCycle, the indoor cycling chain with an almost cult-like following, after it filed for an IPO on Thursday. Founded in 2006, company has only a few dozen locations, almost all in New York and California. But those 38 studios brought in $112 million in revenue last year, an almost 49%

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