Re:Today’s correction isn’t much like the dot-com bubble
by SpicyLemonZest on Sunday October 20, 2019 @05:48PM
(#21307398)
They did. As the Bloomberg article mentioned^, Juicero plus at least some of their investors knew, and multiple investors felt that the product Juicero delivered didn't live up to what they were pitched. (Note that Juicero didn't get any new funding between their initial launch and going out of business.)
^ https://www.bloomberg.com/news/features/2017-04-19/silicon-v...
Re:Today’s correction isn’t much like the dot-com bubble
by bydl0coder on Monday October 21, 2019 @03:57AM
(#21310136)
Well, even if you can do something by hand, there's a market for a gadget that will do it more conveniently. There is a market for food processors and rice cookers. I don't think Juicero is a good example of "stupid money" craze. Theranos is.
Re:Today’s correction isn’t much like the dot-com bubble
by jjeaff on Tuesday October 29, 2019 @07:23PM
(#21393154)
Were that the case. But squeezing the juice out of the packet was far easier and quicker than putting it in the machine letting it get scanned, phone home, and then slowly squeeze the bag.
But they had to have found out very early on with Juicero that squeezing the packets by hand basically produced as much juice as their expensive machine.