Instapot. Instapot made too good of a product, most people buy one and its good for years. That's good for consumers but terrible for investors. The company that bought them out and took them public saddled them with a ton of debt from other sectors and now they're bankrupt.
Instapot. Instapot made too good of a product, most people buy one and its good for years. That's good for consumers but terrible for investors. The company that bought them out and took them public saddled them with a ton of debt from other sectors and now they're bankrupt.
Yup. Great article about that and many other failures of capitalism here if anyone wants something to share with a fence sitter in their life.