I call every RVC "Roomba" irrespective of their brand. For me & a couple of my friends, Roomba is synonymous with RVC, and being synonymous is a beautiful thing. They are the market leader in this category but slowly concede market share to other players. Even after the challenges, I…
"Never invest in a business you cannot understand."Warren Buffett The business is as simple as it can get. Sell vacuum cleaners. The more they sell more money they make. A basic understanding of where sales were made is essential, which can later help us understand growth aspects. Sales are made…
Growing up and watching sci-fi kid's movies gave us a little glimpse into the future — everything Robots. We may not have that sophisticated AI technology yet, but we are on course. We may not realize it, but robots surround us. One of those robots is our robotic vacuum cleaner…