2 ms·

They made a lot of sales. Why does that have to be the death of the company? Just keep making good products. Everything doesn’t have to go up forever. I kno

• rhaway84773 3y ago
  Because youre at the mercy of the distributors forcing you to lower prices, especially with the monopsony that exists in the US. Because you are at the mercy of your manufacturers increasing prices especially during a supply chain foul up during and after the pandemic which would affect you significantly more considering how big and heavy your product is. There’s a lot of reasons a company selling a lot of product can still go under in todays market.
• s1artibartfast 3y ago
  Things don't have to have continual growth. It actually is possible for a company to just sustain. However, if you see your rapid growth and then rapid decline, that is a dangerous transition for companies. It's easy to overspend and over commit yourself. Random websites on Google say instapot sales are down 65 percent in the last year. That is tough for any company to handle. WSJ says they had to cancel over 100M in contracts. That said, bankruptcy doesn't necessarily mean it is the end of the product line. More likely it means some investors will lose some money, which is OK because they are in the business of making bets, and some won't pan out