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I inherently do not see this as such a big admirable success story. I doubt anyone, least of all the CEO or his wife, would disagree with you. But their failur
by sutro 17y ago
I inherently do not see this as such a big admirable success story.
I doubt anyone, least of all the CEO or his wife, would disagree with you. But their failure is instructive, and telling the story of their failure takes courage.
sensationalist reporting
There was nothing sensationalist about this article.
Why doesn't he believe in the strength of his product? If it's good, people will buy.
I'm sure he did believe in his product. But to think that you just set a new kind of beverage on a few shelves and then let the product quality take care of all of your sales, marketing, and brand-building for you is incredibly naive. Apple's products get a lot of acclaim, yet Apple still spends a fortune on advertising and on its distribution outlets.
He has not created any new knowledge on how to make beverages
Whether he has or hasn't is not evident one way or another from the article.
growing big fast
Economies of scale are present in beverage manufacturing just as they are in online retailing, search engines, and social networking. So all of your objections to his high-growth strategy also apply to Amazon, Google, eBay, Facebook, etc. But this guy is an easier target for you given the outcome.
young people
He did a great service to young people by replacing all of the crap chemical-laden sodas sold in California schools with his 100% juice alternative.
I don't want to ever again create a business plan and pitch to VC's based on the growth curve of the Internet
The Internet will remain the best bet for growth in the world economy for generations to come. Choosing not to leverage that will only hurt your future business prospects.
- christofd 17y agoSensationalist Reporting There is something odd about the glossy way business mags display entrepreneurs as heroes and even more when they are tragic. It's part of the same hype culture that I despise. Growth Businesses Google is a technology and product breakthrough - Pagerank, GFS, BigTable, MapReduce, AdWords, Server Design etc. Amazon - Cloud Computing, Recommendation Engine. Facebook - Social Graph. These are deserving growth businesses that have built out a true market niche. I don't see the beverage market in that same category. Knowledge, Young People, Jobs Building a beverage like this is not like hiring and training Master Brewers from Weihenstephan in Bavaria or red wine experts from Bordeaux. Packaging juice bottles is a minimum wage job like any other. I don't see the armies of new employees that will be created in this market segment.
- sutro 17y agoA different kind of hype culture exists here on HN, which glorifies engineering, discounts sales and marketing, and considers non-technology businesses unworthy of respect. I'll bet if you were stuck on a plane next to this CEO and were somehow able to talk to him with an open mind you would learn a lot.
- christofd 17y agoFair enough.