Silicon Valley's Hottest Overpriced Juicer Apparently Works Worse Than Your Bare Hands
If you're one of the poor souls who paid for this overpriced piece of counter candy, let us be the first to say: you deserve this pain. Juicero made headlines last year by promising fresh green juice with the convenience of a Keurig coffeemaker. It never seemed like a good deal.
Here's the pitch. You buy the juicer machine. You buy the pouches with the juice goodies. Combine the two, and you've got a glass of delicious green juice. By the way, the machine costs $400. Pouches of juice ingredients cost $5 to $7 dollars a pop. And yet, according to a new report from Bloomberg , you could make your yuppie juice more quickly if you threw the machine out the window and hand-squeezed the bad into your glass. Hand-squeezing apparently takes about 90 seconds. The machine takes two minutes.
This news is a real dick punch to the Silicon Valley investors who poured over $120 million dollars into Juicero. These sad souls put up their own cash, believing that people would love the idea of a Keurig-style home juice machine. Little did they know that people could just buy the pouches and squeeze their own juice, no $400 machine required.
Then again, something always seemed a bit off about Juicero. Back when the company's founders wanted to charge an insulting $700 for the useless machine in 2016, much lauded VC outfits like Kleiner Perkins Claufield & Byers, Google Ventures, and even Campbell's Soup offered up millions of dollars to fund the startup. Juicero founder Doug Evans compared the company to Apple and Tesla in their early days. By October, Evans had been replaced by former Coca Cola executive Jeff Dunn who immediately lowered the price of the hardware from $700 to $400. This is what Dunn said about the hardware a year ago, emphasis ours:
The Press itself creates three to four tons of pressure- enough to lift two Teslas -and enough to squeeze out every drop of organic fresh kale, spinach, apples, and other fruits and vegetables into your glass. We also created a connected system with the Juicero App.
Hey, guess what, dudes? It's worthless. Juicero seemed like a trick from the start because it was. Now we have hard proof. You don't need to buy a machine for $700 or $400 or even $100 because you can just buy the already overpriced juice packets for $5 and squeeze the ingredients into a glass with the priceless power of your own hands. You could also spend $20 on a cheap blender, $10 on some fresh fruits and vegetables, and serve yourself green juice for a whole week.
Convenience is great, but it's no substitute for smart financial decisions. Whether you're an investor or just a lowly consumer, Juicero is a bad deal. The idea is bad. The gadget is useless. The juice might be good. But everyone should use common sense before throwing money at a bad idea.
[ Bloomberg ]