6 ms·
I think a lot of the market is people pointing at other people as if they had done the due diligence that they couldn't be bothered with, and those people point
by willcipriano 3y ago
I think a lot of the market is people pointing at other people as if they had done the due diligence that they couldn't be bothered with, and those people pointing back.
- brianwawok 3y agoThat’s why a scam startup is able to rocket as soon as 1 named investor signs on. See the juice squeezing bag company etc.
- kylebenzle 3y agoHey Juicearoo was a great product! It solved the problem of me having a bag of juice and needing to get the juice out.
- benreesman 3y agoI’m this close to having this printed and framed, but I can’t find framearoo.com.
- stephencanon 3y agoThey had outstanding product-market fit. The _only_ problem is that the market of people who have juice bags and do not know how to open them (I.e. two year olds) do not make purchasing decisions.
- Drakim 3y agoThey should simply have gone the the industry standard route and lobbied to make it illegal to squeeze the bags by hand.
- adolph 3y agoOn paper it makes sense to have a microprocessor guide the pressure used on fruit and vegetable pulp [0]. Between that and the introduction of software to manage the fruit supply chain, the Juicero embodied Marc Andreessen's prophecy [1]. Unfortunately, they got the verb wrong: software is eating _not_ drinking the world. 0. https://en.wikipedia.org/wiki/Juicero https://en.wikipedia.org/wiki/Juicero 1. https://a16z.com/why-software-is-eating-the-world/ https://a16z.com/why-software-is-eating-the-world/
- jeremyjh 3y agoDoes it make sense to have an engine squeeze a pre-packaged bag of juice?
- adolph 3y agoOf course not. However, it wasn’t prepackaged juice (liquid), it was pulp, the part of plants from which juice is squeezed. Have you ever seen one of those machines in restaurants that from a hopper full of oranges, automatically slices, squeezes the juice into a glass and puts the rind etc into a composting bag? They do that to deliver a fresh glass of juice that people believe has a material difference from a can of frozen concentrate. Juicero was that but simplified and expanded to more than just oranges. Consider the factory process of making different juices. Might use heat, introduce other molecules, etc. By performing part of the task in the factory and the final extraction onprem, there may be some meaningful differences in the consumable. But sure, let’s all poke fun at something without considering the operational context. https://www.ticomachine.com/faq/how-is-orange-juice-made.html https://www.ticomachine.com/faq/how-is-orange-juice-made.htm...
- blitzar 3y ago> Have you ever seen one of those machines in restaurants that from a hopper full of oranges automatically slices, squeezes the juice into a glass and puts the rind etc into a composting bag Apparently the founders and investors had not.
- adolph 3y agoGive it 10 years. You will drink from the same and think “ok, jucero had a point, they were just too early”
- jefftk 3y agoThe more you believe that the more you should expect the stock price to move on announcements like this one.
- duxup 3y agoI think the other users point was that in the past the prices didn’t move because people assumed that other people knew what was going on (and they were not selling or driving prices down). Accordingly the price might not move because of similar assumptions. To be clear that’s just how I read that comment. I know nothing about this situation with Microsoft.