Define success. Without a doubt iRobot was a category leader for a long time. They created the market but were they ever profitable? At this point it feels like a company on life support that is getting their butts kicked by the Chinese who offer double the product for half the cost. Without a doubt though he created the category. Was the second company ever a success, all I could find is it being trade for parts over and over.
This third company looks interesting but it’s also a flooded market at this point.
So for me the guy never had a real success and is currently building in a market that has been for years flooded with products like his.
This third company looks interesting but it’s also a flooded market at this point.
So for me the guy never had a real success and is currently building in a market that has been for years flooded with products like his.