victreeb3l
Member
Lets pour $120 million and some of the brightest talent in the country into a juicer thats slower than our own hands.
2. Heres why my companys product or service is personally important to me. We asked this question to Doug Evans, founder of the innovative juice company Juicero and he said, If you cut me, I bleed juice. Its all I know. Its all I ever want to do. Were investing in you just as much as were investing in your business model.
Jesus this reads like a comedy skit
Work even gave us a free box of juices packets, but because you have to pay for a subscription even if you already have juice packets, you can't use it.
I'm totally stealing this presentation template. I'd fall for it too!As a VC, I can tell you how I think this deal went down
1 - a slide of how huge the Nespresso business is
2 - a slide of how huge the home juicing and juice bar businesses are
3 - a slide with a glossy pic of a device and juice pack that is sexy af
4 - a slide with a team who all have shit hot CVs
5 - a slide with some smashing 'Unit economics' - really high average purchase, low customer acquisition cost, huge lifetime value of repeat orders
6 - a slide with early test marketing traction validating that point 5 is totes accurate, it really is a sweet business
7 - a slide showing that other hot investors are already on board
Basically the cheques will almost write themselves
Everyone knows they have to overpay for the product itself when they go to a bar or coffee shop or juice bar in this case. This should be cheaper.That's what cold pressed juice from the trendy places starts at. I've seen $8-$10 and I bet if I actually drank it and dug deeper there are places selling it for even more.
In Living Color was so damn good lol.
Holy shit that video.
"Use the handles on the smaller box to pull it out of the larger box"
"Open your Juicero app"
"Scan the QR code"
This thing ranks with DVD rewinders as one of the dumbest inventions ever.
I think there is a cooling system that means you don't have to store to juice packs in the fridge before using them.
It's all so fucking dumb.
It doesn't make juice out of actual fruit? You need a subscription to get proprietary juice bags delivered through the mail from them? Once you get the bags you don't actually need the 400$ machine to extract the juice?
Where do I sign up?!
Internet connected juicer? We've reached peak Silicon Valley.
As a VC, I can tell you how I think this deal went down
1 - a slide of how huge the Nespresso business is
2 - a slide of how huge the home juicing and juice bar businesses are
3 - a slide with a glossy pic of a device and juice pack that is sexy af
4 - a slide with a team who all have shit hot CVs
5 - a slide with some smashing 'Unit economics' - really high average purchase, low customer acquisition cost, huge lifetime value of repeat orders
6 - a slide with early test marketing traction validating that point 5 is totes accurate, it really is a sweet business
7 - a slide showing that other hot investors are already on board
Basically the cheques will almost write themselves
How does it feel knowing that Bay-area rents were jacked just a little bit higher because everyone on this project was being paid with phat VC stacks?
prezbo said:How do you squeeze juice? With your hands?
-George Costanza
This has to be viral marketing for Silicon Valley s4:
http://fortune.com/2016/10/05/phrases-vcs-want-to-hear/
Holy shit, each juice bag only contains enough for one glass of juice?! And then you have to mail back all the discarded bags to them for recycling? This is such an amazing con.
/Edit: And the bags retail for $5-$8... https://www.juicero.com/the-packs/
The Pack itself (the outer layer) is recyclable at any recycling drop-off that accepts plastic bags (i.e. local grocery stores), or send them to us and well recycle them for you. The Packs must be clean and dry, with the pulp removed from inside. Check here for more details. Also, the pulp inside the Packs is fully compostable or reusable.
I assume people think that cold pressed juice is better than other juicing methods?I can get fresh juice, like from fruit grown in the ground less than 20 miles away, on any goddamn street in Taiwan for like a buck fifty a glass. Either these dudes are scam artists or Taiwan could quadruple their GDP overnight with some Silicon Valley-style pricing.
Sell me the juicer for $99 and make the juice packs so I can make a glass of juice for a dollar or two a pop and I'd be in
Yeah, stupid people with money. There are plenty of dummies with money.If I had more money to blow I could definitely see getting a product like this for the convenience of it. $400 is not that bad for a long-term investment and neither is $5-8 for juice packets. You'd pay that much (or more) at a juice bar.
You have to realize that not all products have to be for all people. There are those out there willing to put in the time and effort to make juice at home (or forgo it altogether) rather than spend money on something like this. That's fine.
This exists for a segment of the market that your typical NeoGAF user is probably not a part of. And they'll probably make a killing off of it.
My local Tesco have been selling cold pressed Apple juice for some time absolutely gorgeous, much cheaper than these bags and you'll get multiple glasses worth.
The idea of buying special bags for a juicer kills me.
The whole point of a juicer is to use produce you can get yourself.
If I had more money to blow I could definitely see getting a product like this for the convenience of it. $400 is not that bad for a long-term investment and neither is $5-8 for juice packets. You'd pay that much (or more) at a juice bar.
You have to realize that not all products have to be for all people. There are those out there willing to put in the time and effort to make juice at home (or forgo it altogether) rather than spend money on something like this. That's fine.
This exists for a segment of the market that your typical NeoGAF user is probably not a part of. And they'll probably make a killing off of it.