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$120m from investors none of whom were aware you don't need a $400 machine to squeeze the juice from fruit? How do people with so little sense get so much mone
by grabcocque 9y ago
$120m from investors none of whom were aware you don't need a $400 machine to squeeze the juice from fruit?
How do people with so little sense get so much money?
- omginternets 9y agoBecause they sell to people with more money than sense.
- reustle 9y agoLike the Campbell Soup company, for example: https://www.crunchbase.com/organization/juicero/investors https://www.crunchbase.com/organization/juicero/investors
- dragonwriter 9y agoIs that a reference to the investors they are selling too, or the target market of the product? Because I can see that working either way.
- zilchers 9y agoI'm not bothered by the fact that these guys got investment, it's an interesting idea and could have been a great kickstarter. But, $120 mil is a staggering amount for a company like this that should have relatively small startup costs.
- meandave 9y agoInheritance
- ksherlock 9y agoAnd more importantly, will they invest in my $1,000 wifi enabled can opener?
- beaconstudios 9y agoit uses the blockchain!
- smacktoward 9y agoAs the saying goes, if you want to know what God thinks about money, just look at the people He gives it to.