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Instant Pot maker seeks bankruptcy protection - NPR (www.npr.org)

submitted 1 year ago by [email protected] to c/[email protected]

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Pretty shocked to see this with how ubiquitous they've seemed these last few years. Of all the recent kitchen gadgets this is one of the few that felt genuinely useful to me.

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[–] [email protected] 1 points 1 year ago

Its always been like this though. Back in the 60s no one would have thought the Victor Company and RCA were approaching deaths door step, but they made a few big mistakes and got out competed in just a short time.