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Comment by majormajor

"Were they ever profitable" is an easy enough thing to look up, why not just do that instead of use it as a rhetorical device?

https://macrotrends.net/stocks/charts/IRBT/irobot/gross-prof...

From that, they had 13 straight years of profitable net income starting in 2009. Rough recently because they got eaten up by cheaper upstarts; happens to almost everyone eventually. But clearing several hundred million cumulative in net income over a decade+ (peaking 2018-2020, so they were consistently growing from 2009 to 2020 even) is far from "were they ever profitable" territory. They don't have pre-2009 there, but from some other googling it looks like they were profitable by when he left in 2008 after their 2005 IPO. So he was there from inception to IPO and millions-a-year-profitability, and then you're discounting that because 12 years after he left some companies in China had better copies. Building something for 15 years to IPO isn't some VC pump and dump scam, it's harder.

If that's not success you have a ridiculous bar. "So for me the guy never had a real success" - get out of here, do your googling before making claims like that.

parent majormajor 1 year ago

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