Former Peloton C-Suite to Start Rug Company

Montauk Brewing gets acquired by cannabis company, and an ode to Prada's 2000 pill-packaged beauty.

Good morning.

I got bangs.

• 3 Peloton Founders are launching a DTC rug company. “John Foley, Hisao Kushi and Yony Feng – three co-founders of Peloton – today announced it has raised $25 million in a Series A funding round.” I want to write a longer letter about nesting and what social media has done to how much we spend on our homes. Rugs, luxury candles, …