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There's a difference between ideas that seem dumb and ideas that are dumb. The problem is that Juciero was in the latter category. We didn't have to pour millio
by ivraatiems 9y ago
There's a difference between ideas that seem dumb and ideas that are dumb. The problem is that Juciero was in the latter category. We didn't have to pour millions of dollars into it to figure that out; do you think the creators of bottled water spent anywhere near that much, or over-engineered their product half as crazily?
Put another way, do you imagine that nobody at Nestle or wherever stood up and said "this is a dumb idea" when bottled water was being devised? And how would you imagine the creators of the idea answered that challenge?
- jklein11 9y agoCan you explain to me what this difference is?
- Clubber 9y ago>ideas that seem dumb and ideas that are dumb. The first makes money, the second doesn't. :)
- balls187 9y agoAgreed. There are dumb ideas, and dumb ideas that are poorly executed. Juciero is clearly the latter. But just because an idea is dumb, doesn't mean it won't be successful in the market. Two of my favorite satires on this point. https://www.youtube.com/watch?v=t28ZB1t6gg8 https://www.youtube.com/watch?v=t28ZB1t6gg8 and https://www.youtube.com/watch?v=sDEL4Ty950Q https://www.youtube.com/watch?v=sDEL4Ty950Q
- Clubber 9y agoThis was hysterical: http://www.cc.com/video-clips/9nzwjt/the-colbert-report-vessyl-digital-cup http://www.cc.com/video-clips/9nzwjt/the-colbert-report-vess...
- taysic 9y agoI know people who bought the Juicero so how do you know it didn't have the potential to make money? That is a gamble that is up to investors to decide. A niche product can still be very profitable.
- 123e1daAdfafsdf 9y agoHindsight. Juicero is so obviously a stupid failure now that we know it is. We can't even imagine a world where it wasn't stupid. Now try to remember a tech/company you thought was stupid that became a massive success. For me, I remember thinking wifi was stupid -- I was a power user, laptops were grossly underpowered circa 1998. Why would anyone need wireless internet on a desktop? I keep that story in mind because it keeps me humble about hindsight bias.