[jeremy_wiebe]

I’m not too surprised. Since introducing the Instant Pot there has been a lot of competition on their main product (pressure cooker). It seems like a race to the bottom for cost and so they must have faced shrinking profit margins. Also, they were diversifying their product offering into products that seemed like they were grasping and not really aligned with their main offering.

[agloe_dreams]

Yup, they were trying really hard to break into the pod coffee game by making machines (but not pods, lol razor/blade model backwards) the machines were neat, they have a combo Nespresso/Keurig machine we bought but it was kinda bad at both.