I'm reminded of what happened to Instant Brands. They made a series of popular electric pressure cookers, but instead of remaining a successful medium-sized bus

I'm reminded of what happened to Instant Brands. They made a series of popular electric pressure cookers, but instead of remaining a successful medium-sized business, they took on a lot of debt in an attempt to expand, then went bankrupt when interest rates increased. Previous HN discussion: https://news.ycombinator.com/item?id=36310733 https://news.ycombinator.com/item?id=36310733 It's disappointing to see, because the products were genuinely good.