Stories
Slash Boxes
Comments

SoylentNews is people

posted by Fnord666 on Saturday April 22 2017, @03:11PM   Printer-friendly
from the squeezing-green-from-a-VC dept.

http://www.npr.org/sections/thetwo-way/2017/04/21/525055713/juicero-ceo-says-luxury-juicer-is-much-more-than-juice-internet-is-unimpressed

Juicero, a startup that sells a pricey juice press, found that out firsthand. The company's Wi-Fi-enabled machine produces cold-pressed juice out of packets sold exclusively to owners via subscription.

Received as both Silicon Valley cautionary tale and commentary on conspicuous consumption, Juicero's story was chronicled this week in a Bloomberg News piece.

[...] In all, the company raised some $120 million.

But Bloomberg says investors' confidence waned once it emerged that people didn't actually need the press to get juice from the packets but could simply squeeze it out by hand.

A Silicon Valley startup slain before it could blossom into a unicorn.

[Ed. Note: Also at ExtremeTech with a bonus link to Juicero's very silly marketing video.]


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: -1, Offtopic) by Ethanol-fueled on Saturday April 22 2017, @08:27PM (1 child)

    by Ethanol-fueled (2792) on Saturday April 22 2017, @08:27PM (#498054) Homepage

    This is an idea so retarded it had to have come from San Francisco. * checks *

    Yep, San Francisco, with an office in Los Angeles. There's no shortage of fools in California who enjoy being parted from their monies.

    Can North Korea fucking nuke San Fran and L.A. already? It would solve both our faggot and Mexican problems overnight.

    Starting Score:    1  point
    Moderation   -2  
       Offtopic=1, Troll=1, Total=2
    Extra 'Offtopic' Modifier   0  

    Total Score:   -1  
  • (Score: 1, Troll) by LoRdTAW on Sunday April 23 2017, @12:58AM

    by LoRdTAW (3755) on Sunday April 23 2017, @12:58AM (#498118) Journal

    Wait, is Doug Evans a mexican faggot?