Five to Buy it for [email protected]English • 20 hours agoThe Instant Pot Failed Because It Was a Good Productwww.theatlantic.commessage-square70fedilinkarrow-up1202
arrow-up1202external-linkThe Instant Pot Failed Because It Was a Good Productwww.theatlantic.comFive to Buy it for [email protected]English • 20 hours agomessage-square70fedilink
minus-squareCounselingTechielinkfedilinkEnglish12•18 hours agoSadly I lack an account for the Atlantic, but I am going to assume that they were bought out.
minus-squarethe post of tom joadlinkfedilinkEnglish21•15 hours agoThey got toys R us’d by corporate bookeeping shenanigans where they take debt from other companies and dump it all into one business which destroys it. Articles that lie to me like this make me want to punch the author in their momma smoocher.
minus-square@[email protected]linkfedilinkEnglish5•13 hours ago12ft.io gets around it https://12ft.io/https://www.theatlantic.com/technology/archive/2023/06/instant-pot-bankrupt-private-equity/674414/
minus-square@[email protected]linkfedilinkEnglish12•18 hours agoIirc they went broke because their first product was a huge hit, so they followed up with a bunch of useless crap that nobody bought.
Sadly I lack an account for the Atlantic, but I am going to assume that they were bought out.
They got toys R us’d by corporate bookeeping shenanigans where they take debt from other companies and dump it all into one business which destroys it.
Articles that lie to me like this make me want to punch the author in their momma smoocher.
12ft.io gets around it
https://12ft.io/https://www.theatlantic.com/technology/archive/2023/06/instant-pot-bankrupt-private-equity/674414/
Iirc they went broke because their first product was a huge hit, so they followed up with a bunch of useless crap that nobody bought.