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That’s why I asked how do you measure success, they created the market but never were able to operationalize it or improve it from the initial iterations.
by infecto 1y ago
That’s why I asked how do you measure success, they created the market but never were able to operationalize it or improve it from the initial iterations.
- ghc 1y agoA decade of profitability as a public company seems pretty successful to me. Brooks was long gone by the time iRobot started its decline.
- infecto 1y agoAnd brooks was one of three founders and not credited for the first iteration of Roomba. During his time the company barely broke even on and adjusted ebitda basis. His other company was a failure and this third is in a crowded marketplace. Again as I keep saying. My reply was to someone who said he had three wildly successful companies. Yes iRobot created a segment but I still struggle to classify it as a wild success.