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.
Little better than pirates. They had to know monetary policy would change following the last several years of upsets.
Is this one of those cases where everyone who wants one already has one, so they’re not selling as many anymore?
I’m thinking probably, yeah. There’s always a market of customers who are fitting a kitchen for the first time, but I doubt it’s enough to sustain the expectations they built off the launch sales. They have other brands under their wing but I don’t think pyrex sales are high enough to subsidize the huge amount of licensed re-skins instant pot has been putting out to, as you put it best, people who already own instant pots.
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).
Interesting, how is pressure cooked pasta?
I have a pressure cooker, but haven’t used it much. Been vegetarian for a few years now, and before that I liked to do all day sous vide meats.
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.
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.
We bought the smallest version some years back. The idea was to use it to replace our rice cooker with something multi-purpose.
The rice cooking function takes 12 minutes at pressure, and the Mini InstantPot takes 8 minutes to get up to pressure, for a total of 20 minutes. This is the same as a dedicated rice cooker, so it’s a wash in that respect. The big difference is that you loose very little water to steam, compare to the rice cooker. So you use about a 1:1 ratio of rice to water. The results are good.
So our InstantPot is guaranteed fairly regular use just from that, and anything else is just a bonus.
