# Running A Business: Lessons From Instant Pot? **URL:** \ **Category:** In My Humble Opinion\ **Created:** [June 16, 2023, 12:30am UTC](https://boards.straightdope.com/t/running-a-business-lessons-from-instant-pot/985600 "2023-06-16T00:30:38Z")\ **Posts on this page:** 8\ **Page:** 3
**Author:** ![puzzlegal](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/puzzlegal/32/3827_2.png) [@puzzlegal](https://boards.straightdope.com/u/puzzlegal)\ **Post date:** [June 18, 2023, 11:58am UTC](https://boards.straightdope.com/t/running-a-business-lessons-from-instant-pot/985600/41 "2023-06-18T11:58:20Z")
And they aren’t bullet proof. My first one blew out so early they gave me a replacement under warranty. The replacement has been working great, but it occurs to me that the dial is “twitchy” and it’s hard to set. That’s not such a huge problem that I’m buying a new one, but it suggests they develop problems. ---
**Author:** ![Alessan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/alessan/32/465_2.png) [@Alessan](https://boards.straightdope.com/u/Alessan)\ **Post date:** [June 18, 2023, 12:37pm UTC](https://boards.straightdope.com/t/running-a-business-lessons-from-instant-pot/985600/42 "2023-06-18T12:37:07Z")
> [@Cheesesteak](#): > > Instant Pots aren’t cast iron pans. They’re electronic devices with a heating element, sensors, seals and circuit boards, that are intended to be portable. They’ve only been in existence since 2010! Honestly, until this thread I thought “Instant Pot” was a drug thing. ---
**Author:** ![puzzlegal](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/puzzlegal/32/3827_2.png) [@puzzlegal](https://boards.straightdope.com/u/puzzlegal)\ **Post date:** [June 18, 2023, 1:01pm UTC](https://boards.straightdope.com/t/running-a-business-lessons-from-instant-pot/985600/43 "2023-06-18T13:01:36Z")
Lol, i think i had a thread about instant pots here a few years ago, and that’s what the first couple of replies said. > [@instant pot](https://boards.straightdope.com/t/instant-pot/787998): > > I’m thinking of getting an iPot. We have a pressure cooker, which I almost never use because it’s a nuisance to clean, and seems sorta scary. But my husband uses it a lot for beans. We have a rice cooker which we never use because it’s not worth giving it dedicated space, and that means that finding it and taking it out is more trouble than just using a pot. But we have rice with perhaps half of our suppers. We have an assortment of stock pots and le creuset casseroles that we use to make soup … Eh, not as much as i remember. But yeah. ---
**Author:** ![Alessan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/alessan/32/465_2.png) [@Alessan](https://boards.straightdope.com/u/Alessan)\ **Post date:** [June 18, 2023, 1:05pm UTC](https://boards.straightdope.com/t/running-a-business-lessons-from-instant-pot/985600/44 "2023-06-18T13:05:26Z")
> [@puzzlegal](#): > > Lol, i think i had a thread about instant pots here a few years ago, and that’s what the first couple of replies said. I mean, I don’t open every thread, they don’t sell Instant Pots in my country, and well, you guys have your whole cannabis legalization thing… it was an honest mistake. ---
**Author:** ![puzzlegal](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/puzzlegal/32/3827_2.png) [@puzzlegal](https://boards.straightdope.com/u/puzzlegal)\ **Post date:** [June 18, 2023, 1:06pm UTC](https://boards.straightdope.com/t/running-a-business-lessons-from-instant-pot/985600/45 "2023-06-18T13:06:41Z")
By the way, i got one and i love it. I use it to brew broth, and sometimes to cook beans. My husband uses it for bean dishes all the time. And my daughter uses it as a rice cooker. I made oxtail broth yesterday (it’s chilling in the fridge, so i can remove the fat and make soup tomorrow) and i have to strain duck broth out of it this morning. Oh, and it makes great yogurt. My husband has made most of his own yogurt since shortly after we got it. ---
**Author:** ![Cheesesteak](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cheesesteak/32/3694_2.png) [@Cheesesteak](https://boards.straightdope.com/u/Cheesesteak)\ **Post date:** [June 18, 2023, 1:09pm UTC](https://boards.straightdope.com/t/running-a-business-lessons-from-instant-pot/985600/46 "2023-06-18T13:09:17Z")
> [@Alessan](#): > > Honestly, until this thread I thought “Instant Pot” was a drug thing. That’s just the sort of thing a Doper would say. ---
**Author:** ![LSLGuy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lslguy/32/5813_2.png) [@LSLGuy](https://boards.straightdope.com/u/LSLGuy)\ **Post date:** [June 18, 2023, 6:33pm UTC](https://boards.straightdope.com/t/running-a-business-lessons-from-instant-pot/985600/47 "2023-06-18T18:33:24Z")
> [@Smapti](#): > > Seems to me the lessons we can learn are > > A) Don’t sell to private equity > B) Don’t go public, because you won’t be able to prevent A Lessons for who? Selling to private equity worked very well for the founders. Since nobody else matters in modern entrepreneurialship, I guess we can say it’s a good plan, not a bad plan. ---
**Author:** ![TriPolar](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/tripolar/32/3008_2.png) [@TriPolar](https://boards.straightdope.com/u/TriPolar)\ **Post date:** [June 18, 2023, 6:44pm UTC](https://boards.straightdope.com/t/running-a-business-lessons-from-instant-pot/985600/48 "2023-06-18T18:44:03Z")
Right. That’s what our distorted system of capitalism is all about. And it did give us Instant Pots, and somebody else will speculate on the value of the remains and they’ll still exist some way or another. I don’t know what the debt was but I think it was more likely short term credit to cover the cost of making the product which suddenly stopped selling once everyone had one or moved on to a new gadget. The parent company must not have been in great shape anyway, perhaps because of overpaying for Instant Pot in the first place. [Previous page](https://boards.straightdope.com/t/running-a-business-lessons-from-instant-pot/985600.md?page=2)