From Roombas to e-bikes, why are hardware startupsΒ going bankrupt?Β
The hardware world had a brutal week, withΒ iRobot,Β Luminar, andΒ Rad Power BikesΒ all filing for bankruptcy.Β Each company faces its own mix of tariff pressures, supply chain issues, and shifting markets, but together they tell a larger story about the challenges of building physical products in an era of global trade tensions and cheap overseas competition. From [β¦]