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NFT: Got $400 you were planning on setting on fire?

Greg from LI : 4/20/2017 9:28 am
Well, have I got a product for you!
Link - ( New Window )
Talk about a marketing  
section125 : 4/20/2017 9:32 am : link
fail...
Yes but the juicer has wifi  
Deej : 4/20/2017 9:33 am : link
so...
RE: Talk about a marketing  
Deej : 4/20/2017 9:36 am : link
In comment 13435171 section125 said:
Quote:
fail...


The marketing is conning the VCs. Success.
that's awesome  
UConn4523 : 4/20/2017 9:38 am : link
a large part of the Silicon Valley tech bubble is a joke. I'm work with a client that I won't name (you can search and find it easily) who has a wifi wine preservation system that can only be used on their proprietary wine bottles. All the wi-fi does is tell you about the wine and the bottle keeps wine fresh for a month. Because people want to only drink a shot of wine per night...

All this for $200+.
"$120 million into the startup"  
BillT : 4/20/2017 9:57 am : link
$120 m of angel financing for a juice squeezer. Unbelievable. I was part of a startup some years ago and we were looking for a 10th of that for a startup that would have easily taken a significant % of a billion dollar marketplace and we couldn't get a dime. Juice squeezer. Idiots.
read that earlier today  
giants#1 : 4/20/2017 10:09 am : link
the best part is this idiot that paid triple that:

Quote:
Kippy Williams, owner of Kippy’s Organic Non-Dairy Ice Cream Shop in Los Angeles and Toyko, said she purchased her Juicero late last year for $1,200. (Juicero charges businesses a premium, she said.) Williams, a self-proclaimed health-food evangelist, said she’d like to see the company sell packs by themselves to people who can’t afford the device. “It would be great if they offered people the opportunity to buy the packs and press them by hand,” she said. “I want juice for every man, woman and child.”
But can it core an apple?  
adamg : 4/20/2017 10:10 am : link
.
Sounds like the guy  
pjcas18 : 4/20/2017 10:18 am : link
who would sell the DVD rewinders on ebay.

who needs more plastic pouches anyway?  
UConn4523 : 4/20/2017 10:23 am : link
I wouldn't buy it for that reason alone. Get a $400 Vitamix and you get to consume all the nutrients in your fruits and vegetables, adding whatever you want to it.
Eh....I can understand the desire for convenience  
Greg from LI : 4/20/2017 10:27 am : link
With the pouches, there's no need to chop up anything or clean anything.

What I don't understand is why a juicer needs a microprocessor or a wireless connection.
RE:  
Deej : 4/20/2017 10:28 am : link
In comment 13435209 BillT said:
Quote:
$120 m of angel financing for a juice squeezer. Unbelievable. I was part of a startup some years ago and we were looking for a 10th of that for a startup that would have easily taken a significant % of a billion dollar marketplace and we couldn't get a dime. Juice squeezer. Idiots.


It's a disruptive juicer. It's like Uber, but for juice.
There's a seat for every ass...  
regulator : 4/20/2017 10:32 am : link
.
Or vice versa  
regulator : 4/20/2017 10:33 am : link
Ha...
does it even qualify as a 'juicer'  
giants#1 : 4/20/2017 10:58 am : link
if it's not actually squeezing the juice from any fruits/vegetables? It's just emptying a pouch.

And are these pouches really any different than something like V8? Aside from being in a pouch rather than a bottle...
RE: does it even qualify as a 'juicer'  
UConn4523 : 4/20/2017 11:00 am : link
In comment 13435307 giants#1 said:
Quote:
if it's not actually squeezing the juice from any fruits/vegetables? It's just emptying a pouch.

And are these pouches really any different than something like V8? Aside from being in a pouch rather than a bottle...


Its raw ingredients that are chopped up and placed in the bag. I guess the pressure it creates gives you the juice, like squeezing a lime by hand.
What's really staggering  
Deej : 4/20/2017 11:11 am : link
is that the $400/$700/$1200 device takes 2 minutes to do what a human can do in 90 seconds.

Well, the whole thing is staggering.
This sort of thing  
Beezer : 4/20/2017 11:41 am : link
is for the people who have more money than they know what to do with. That "juicer" probably looks cool on their expensive, expansive marble kitchen counter.
RE: RE: does it even qualify as a 'juicer'  
giants#1 : 4/20/2017 11:56 am : link
In comment 13435309 UConn4523 said:
Quote:
In comment 13435307 giants#1 said:


Quote:


if it's not actually squeezing the juice from any fruits/vegetables? It's just emptying a pouch.

And are these pouches really any different than something like V8? Aside from being in a pouch rather than a bottle...



Its raw ingredients that are chopped up and placed in the bag. I guess the pressure it creates gives you the juice, like squeezing a lime by hand.


Are you sure? It sure looked like they were just squeezing juice out of the pouch. Otherwise, how would the Bloomberg reporters be able to squeeze the raw ingredients?

I think the initial plan was to have raw ingredients in the pouches.
I just cant figure out  
Deej : 4/20/2017 11:57 am : link
how this ever got $120 million in funding. That has to be a BS number. What did investors think the return was going to be?
since we're talking juicers  
giants#1 : 4/20/2017 11:58 am : link
What's better: Vitamix or Nutribullet (or something else)? And why does Vitamix cost 4-5x as much?
no, it really is chopped fruits and vegetables  
Greg from LI : 4/20/2017 11:58 am : link
You can see for yourself at the company website
Link - ( New Window )
RE: I just cant figure out  
giants#1 : 4/20/2017 12:00 pm : link
In comment 13435466 Deej said:
Quote:
how this ever got $120 million in funding. That has to be a BS number. What did investors think the return was going to be?


Sounded like the initial concept would have fruit/veggie chunks in the pouches and those would then be compressed to create a "fresher" juice without the mess of a blender and extra convenience.
RE: I just cant figure out  
pjcas18 : 4/20/2017 12:02 pm : link
In comment 13435466 Deej said:
Quote:
how this ever got $120 million in funding. That has to be a BS number. What did investors think the return was going to be?


the investors for the most part didn't care too much about the hardware, they cared about the consumables, the pouches of fresh fruits and vegetables that would be delivered on a subscription basis to consumers. They likened it to Keurig for juicing, where the keurig itself wasn't as attractive as the k-cups.

Problem is they can only ship locally (in 17 states now - recently up from 3) and today they only ship to people who own the hardware. Which I'd change ASAP with the revelations people can do almost as good, faster with their bare hands.

Still not sure it warrants $120M, but I'm sure people have invested more on worse ideas.
The basic idea isn't bad  
Greg from LI : 4/20/2017 12:06 pm : link
It's not my kind of thing, but I'd think there are a fair number of people who'd be interested in a juicing system that requires no chopping or clean up. The silliness of it stems from stuffing the thing with completely unnecessary technology and the resultant absurd pricing. If you stripped out all the tech and charged $50 for the thing, I could see it being successful.
But can your hands  
giantsfan44ab : 4/20/2017 12:22 pm : link
Lift two teslas though?
RE: no, it really is chopped fruits and vegetables  
ron mexico : 4/20/2017 2:04 pm : link
In comment 13435472 Greg from LI said:
Quote:
You can see for yourself at the company website Link - ( New Window )


Id like to slice open a pouch and see if it really is chopped up like in that photo. I'm guessing its 99% pf its way to juice form when it gets to those packs and the pouches only strain out the pulp.
I would think someone's already done that  
Greg from LI : 4/20/2017 2:12 pm : link
.
That system seems like playing Russian Roulette with E Coli  
steve in ky : 4/20/2017 2:55 pm : link
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It's a pretty common theme  
jcn56 : 4/20/2017 3:04 pm : link
Guy with an idea and the right connections gets more money than he should, and despite his inexperience in either manufacturing or engineering sets out to build his own device.

The result - a device that doesn't fit the specs that marketing had been pushing to all the investors and early clients, whose price is too high and is functionally next to worthless.

I'm sure there were plenty of good expensed lunches and dinners along the way, though.
I wonder whether it was just one of the packs  
Deej : 4/20/2017 3:05 pm : link
looking at what is in those packs, it is just so hard to believe that a human being can turn 10 oz of that combo of plant material into 7.5 oz of liquid.
Serious - ?  
short lease : 4/20/2017 8:00 pm : link

Somebody read this and said I am going to invest money because this guy is of sound mind?

Doug Evans, the company’s founder, would compare himself with Steve Jobs in his pursuit of juicing perfection. He declared that his juice press wields four tons of force—“enough to lift two Teslas,”


Sounds like a carnival barker (bullshitter) to me.
when I saw this thread title I though  
River : 4/20/2017 8:06 pm : link
Samsung came out with a new Galaxy phone?
Would you pay $400 for a blow job  
Bill L : 4/20/2017 8:14 pm : link
On your hair?
For a hair dryer...really? - ( New Window )
Even without that video  
Matt M. : 4/20/2017 8:52 pm : link
why would anyone shell out money for that thing? If I'm spending that money on a juicer, I'm buying produce and making my own juice. Why the F would I buy a machine to squeeze already pressed juices out of am F-ing bag?
RE: Would you pay $400 for a blow job  
Deej : 4/21/2017 12:41 pm : link
In comment 13436450 Bill L said:
Quote:
On your hair? For a hair dryer...really? - ( New Window )


Doesnt seem like that much to me for a great blow dryer. Some women spend 15-20 minutes a day blowing out their hair, and they cause hair damage. Shoot, many women spend $250+ on a cut/color.

Anything you use that much, if it really does a better job, could probably justify that price to me. Like the idea of a $700 smart phone. It's crazy, but then remember how much you use it and it's not so nuts.
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