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That would explain their Juicero investment.
by oldgradstudent 8y ago
That would explain their Juicero investment.
- asdfologist 8y agoYeah, no humans fell for that one.
- droopyEyelids 8y agoIf a significant chunk of VCs invest based on an algorithm following the investments of other VCs running the same algo... positive feedback loop. Juicebox squeezer receives $120m investment.
- oldgradstudent 8y agoSupposedly, a lot of this was going on during the (previous) housing bubble. https://www.wired.com/2009/02/wp-quant/ https://www.wired.com/2009/02/wp-quant/
- taurath 8y agoAnd right now companies are absurdly cash rich and the hardest problem is where to invest the money.
- ransom1538 8y agoI had no idea it ended this bad: http://www.juicero.com/ http://www.juicero.com/