No, but investors tend to treat companies as either growing or dying. If you have a boring and reliable product you're going to saturate the market at some point, which means that revenue will fall. Arguably there's still a lot of value in sticking around selling replacements as people break things, but this is nowhere near as lucrative as the growth phase.
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Is instant pot losing money on their product? I just got one last month and it’s been amazing for making meat tender and making bone broth.
No, but investors tend to treat companies as either growing or dying. If you have a boring and reliable product you're going to saturate the market at some point, which means that revenue will fall. Arguably there's still a lot of value in sticking around selling replacements as people break things, but this is nowhere near as lucrative as the growth phase.