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Instant Pot's Parent Company Files for Bankruptcy
(www.theverge.com)
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this post was submitted on 13 Jun 2023
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Technology
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That's problem with being a one hit wonder. They had a decent product that became popular. Unfortunately there's only so many people who are in the market for a countertop pressure cooker.
Although there's plenty of other companies in the space like KitchenAid that have survived over the years.