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Yes please! (media.piefed.world)
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[-] ThePantser@sh.itjust.works 10 points 1 week ago

Great idea for a quick cash grab but then you will lose growth. You will run into insta pot problems where the product was too good and lacked room for innovation. But someone should do it anyways.

[-] protist@mander.xyz 16 points 1 week ago

Imagine making a billion dollars off putting a device in everyone's home and thinking that's not enough

[-] BurntWits@sh.itjust.works 5 points 1 week ago

I would be totally cool with running a business like that. I don’t need to be making more and more every year if I have enough money to be comfortable, and I’d feel way better if I was in charge of a company making products that respect their user.

[-] boonhet@sopuli.xyz 1 points 1 week ago

So what are you doing with your employees when your company is done selling products to users? Just lay everyone off?

[-] Tinidril@midwest.social 3 points 1 week ago

Maybe treat it like a business instead of a "quick cash grab" like instapot did? They should have used those early profits to diversify into other product areas. When demand for home cooking equipment predictably fell after COVID, they weren't prepared.

[-] scytale@piefed.zip 3 points 1 week ago

Is instant pot losing money on their product? I just got one last month and it’s been amazing for making meat tender and making bone broth.

[-] agamemnonymous@sh.itjust.works 2 points 1 week ago

That's their problem: their product is very good and very reliable, which means once everyone who wants one has one, there's no more demand.

[-] IMALlama@lemmy.world 1 points 1 week ago

No, but investors tend to treat companies as either growing or dying. If you have a boring and reliable product you're going to saturate the market at some point, which means that revenue will fall. Arguably there's still a lot of value in sticking around selling replacements as people break things, but this is nowhere near as lucrative as the growth phase.

this post was submitted on 17 Nov 2025
488 points (97.7% liked)

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