iRobot maker Roomba files for bankruptcy, will go private
Youtube·2025-12-15 21:56

Joining us now for the Start Movers podcast, Lisa matera. All right. I have to start with Massachusetts based I robot. I. T. , the Roomba, came out in 2002. So it's been a while. But what happened is that earnings at the firm that they sold more than 40 million of these things, ¥40 million, more than 40 million. But the earnings declined because right after COVID, you had supply chain issues and then you had the cheaper alternatives coming out. I know people are techs. I mean, like $49.99%, I'd say, Oh, yea ...