Since COVID, company has faced "additional global macroeconomic and geopolitical challenges," CEO Ben Gadbois said.
Instant Brands — maker of the Instant Pot — files for bankruptcy
3 years ago by SerpentPeaked to c/news
Since COVID, company has faced "additional global macroeconomic and geopolitical challenges," CEO Ben Gadbois said.
Sure! However it will be thorough not brief.
Decarboxylation
And because your instant pot is already out of the cupboard from decarbing here is the infusion instructions:
Infusion
For steps 6-8 some people don't like doing it in pressure mode. The alternative is to have it on slow cook for about 4 hours. I don't think it makes a difference. I just do it differently depending on how much time I have available.
How tf could they go bankrupt, nearly every person I know has an instapot. It's a household name at this point, a hyper successful product.
Me, I wanna buy a new one! Was planning on getting my friends one for a gift soon too. Those things are super handy.
Sometimes I wish I had a second one. I would definitely use two at the same time if I had a second.
That's unfortunate. I've been pretty happy with mine, and picked up some compatible items, like extra pots and lids.
That being said, I know that other companies produce similar products, and I'd imagine that they're probably decent too.
googles
Yeah.
https://www.consumerreports.org/...
Honestly, what I'd like is a device that can stir as well.
bummer. from what I'd read the owner seems like a pretty decent guy who wanted to make functional stuff. Love mine 8L instant pot, I use it multiple times a week.
Any slow cooker recipe can and should be made in an instant pot instead, imo. People mostly used slow cookers for the convenience of throwing a bunch of ingredients together and setting and forgetting. Instant pots do the same thing however cook way faster so you don't have to do it in the morning and imo it tastes better. Meats stay juicier and it only takes like 25-45 min instead of 4-8 hours.
One I make all the time is you just throw in a jar of salsa verde, quart of chicken stock, big package of chicken thighs, can of your favorite beans, frozen corn and some cumin/garlic powder/chili powder/bay leaves and boom you made green chicken chili. Serve with pepper jack cheese.
Instant pots do the same thing however cook way faster so you don't have to do it in the morning and imo it tastes better.
If you use them as a pressure cooker. They can also operate as a slow cooker and do the "throw in and forget and take out hours later" thing.
I most often cook rice, beans, or pasta in mine over a normal pot. Sometimes chilly or soups.
I have mix feelings about this. On one hand I really like my instant pot. On the other I don't like what they turned the pyrex brand into.
@tal Yes. PYREX sold licensing to other manufacturers to use the branding "pyrex," but "pyrex" is made with tempered glass which can shatter during extreme temperature fluctuations, many of which are common in cooking situations. PYREX is still borosilicate glass and shatter-proof.
Any idea why they made the change? Just cost related?
https://en.wikipedia.org/wiki/Pyrex
Beginning in the 1980s, production of clear Pyrex glass products manufactured by Corning (and later Instant Brands, after the consumer division was spun off and renamed) was also shifted to tempered soda-lime glass, like their popular opal bakeware.[22] This change was justified by stating that soda-lime glass has higher mechanical strength than borosilicate—making it more resistant to physical damage when dropped, which is believed to be the most common cause of breakage in glass bakeware. The glass is also cheaper to produce and more environmentally friendly. However, its thermal shock resistance is lower than borosilicate's, leading to potential breakage from heat stress if used contrary to recommendations. Since the closure of the soda-lime plant in England in 2007, European Pyrex has been made solely from borosilicate.[4][23][24]
The differences between Pyrex-branded glass products has also led to controversy regarding safety issues—in 2008, the U.S. Consumer Product Safety Commission reported it had received 66 complaints by users reporting that their Pyrex glassware had shattered over the prior ten years yet concluded that Pyrex glass bakeware does not present a safety concern. The consumer affairs magazine Consumer Reports investigated the issue and released test results, in January 2011, confirming that borosilicate glass bakeware was less susceptible to thermal shock breakage than tempered soda lime bakeware.[25] However, they admitted their testing conditions were "contrary to instructions" provided by the manufacturer.[21][26] STATS analyzed the data available and found that the most common way that users were injured by glassware was via mechanical breakage, being hit or dropped, and that "the change to soda lime represents a greater net safety benefit."[23]
Though I imagine that cost might also be a factor.
Aw that sucks, I do have one and it's pretty amazing.
Usually I don't give a crap if some big corporation goes down, it's a different matter (in my own personal mind) when someone who actually "builds stuff" goes though a hard time.
go to feed...
go to feed...
It appears that some private equity banker bros talked Instant Pot into a $450 Million Dollar loan in 2021 and then paid themselves $245 million of it.
https://archive.is/LsqUp
These are the same kind of people who bought Toys R Us, filled it with debt from other companies they owned made millions and then killed the company and left their employees high and dry.
save