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hashstring | 2 months ago
Yet everyone complains how they got slashed by their competition, and that is primarily because they didn’t innovate. Their product wasn’t better.
> It's about whether you think the FTC/Lina Khan was right to oppose Amazon acquiring iRobot, and whether they bear any responsibility for what happened after.
No, you fixate on 1% of the iRobot story. The real issue is that this wall-street mindset made the company a complete sell out, they squeezed every penny, stopped innovating, offshored manufacturing to China, and now they reaped the harvest of what they sowed.
Point a finger to Lina Khan and four of them point back. It’s the unsustainable economic games of the 1% that killed this company, just like many others.
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