Instant Pot wasn't bankrupted because their product was too durable; it was because, like so many other out-of-left-field bankruptcy stories, they got bought by a vulture capital company and couldn't meet both their insane growth targets and deal with the debt said new owner saddled them with.
https://twitter.com/robertmoor_/status/1679238393828610049
It's not really even about capitalism per se, it's about how fucking bad private equity firms are for capitalism.
Twitter𝐑𝐨𝐛𝐞𝐫𝐭 𝐌𝐨𝐨𝐫 on Twitter“The fact that Instant Pot is already being framed as a corporate cautionary tale—the company that went bankrupt bc they made a product so durable & versatile that its customers had little need to buy another one—instead of as a critique of capitalism is deeply, deeply depressing.”