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.
Honestly, until this thread I thought “Instant Pot” was a drug thing.
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.
Eh, not as much as i remember. But yeah.
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.
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.
That’s just the sort of thing a Doper would say.
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.
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.