- cross-posted to:
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- cross-posted to:
- [email protected]
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Is this one of those cases where everyone who wants one already has one, so they’re not selling as many anymore?
I was curious, so I checked. They have been owned by a PE firm (Cornell Capital) since 2019. Seems about par for the PE course.
Bye bye warranty?
Instant Brands will continue operating as usual during the bankruptcy process with help from $132.5 million in new financing.
It’s Chapter 11 reorganization, not a liquidation. I think they’re big enough that they’re not going to go anywhere, but they have to adopt a new, much smaller, business model, since pressure cookers aren’t as cool as they were 5 years ago.
Whatever happens to the Instant Pot brand, I hope that computerized cooking is here to stay.
After using things like the “keep warm” function, the “saute” function that shuts off if things get too hot, etc., cooking on the stove seems primitive. How often do you want to heat something until it boils, and then lower the heat so it simmers. Why can’t the stove notice the boiling and lower the heat?
Instead of recipes saying that something should be fried at high heat, give a specific temperature and have a smart stove it it and maintain it. Instead of setting a timer to remind you to turn down the heat after 20 minutes, tell the stove to do it.
Did you check out the ninja grill thingy with the temperature probe?
The most surprising thing to me is that Pyrex alone isn’t able to carry the entire corporation. They’ve also got Corelle and CorningWare. What the fuck, guys?
Oh no! I’ve got an instant pot and quite like it. I have had mine years though, maybe that’s part of the issue.
We use our Instant Pot at least weekly. My wife uses it all the time to cook chicken to use in other recipes. Or to make baked potatoes, or even to make homemade Mac and cheese (cook the pasta super fast and then use the sauce setting to mix in cheese, etc).
I basically only ever use my instant pot if I’m 1) cooking a lot of something at once or 2) the weather is too hot for cooking on the stove/oven. Poor thing’s collecting dust waiting for a day when I’ll finally want 6 quarts of chicken noodle soup lol
I know a lot of people that love Instant Pots. I had one and used it rarely. My wife hated it. We gave it away and got an air fryer, also by the Instant Pot brand (the Vortex or something). I use that thing all the time.
That said I’m not too surprised at this. Many people I’ve talked to express no interest in one or had the same experience I did.
So interesting, because we tried an air fryer (not a dedicated one, but a toaster oven with air fryer capability) and found that we just got stale food that took forever to cool. The Instant Pot is great for cooking beans, caseroles, soups, yogurt, boiling eggs, and creating other awesome, gloppy foods that my Midwestern sensibilities liked. We don’t use ours a ton, but I’m glad we have it.
Haha yes! If you love slop, you’ll love the Instant Pot!
Though, all I use mine for these days is cooking dried beans or making stock. Which I use to make slop.
What is the ticker? I wonder if the bonds are stupid cheap now so I can get paid out
Edit: nm they were private
