juicero
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Recommended Reading: Hollywood is really mad at Rotten Tomatoes
Attacked by Rotten Tomatoes Brooks Barnes, The New York Times The film scores tallied by Rotten Tomatoes are what many moviegoers use to decide how to spend their money. As you might expect, this doesn't make some folks in Hollywood too happy. In fact, they're pretty darn upset. Some claim low scores on Rotten Tomatoes cost big name films like Baywatch and King Arthur: Legend of the Sword millions this summer. The New York Times takes a look at the rift the movie ratings site has created with its Tomatometer. I'd argue studios should stop blaming a website and just start making better movies, but what do I know.
Juicero, the ridiculous $400 juicer company, is shutting down
Juicero -- the company that shot to notoriety last year for selling an overpriced, overly complicated juicer -- is closing up shop. The company is immediately suspending sales of its Juicero Press and Produce Packs, and is offering refunds for the next 90 days. Anyone looking to get their money back should hit up help@juicero.com by December 1st.
Juicero admits its hype machine is still too expensive
The next chapter of Juicero's troubled saga will include staff layoffs, according to a company letter obtained by Fortune. The company's CEO, Jeff Dunn, told employees that along with a focus on its second generation juicer, and bringing down its cost in particular, Juicero would be cutting around 25 percent of its staff. Most of those layoffs will affect sales and marketing teams.
Juicero's unnecessary complexity makes it unnecessarily pricey
Juicero came under fire after Bloomberg showed that you don't need its $400 (previously $700) machine to squeeze juice out of its proprietary fruit and vegetable packets. All you need are your hands and a bit of force. But why is the company's WiFi-connected juicer so expensive anyway? Ben Einstein, a product designer and founder of venture capital firm Bolt, has taken a Juicero apart to figure out what's underneath its glossy white plastic exterior and found a machine of "unnecessary complexity."
Recommended Reading: Juicero and the Silicon Valley hype machine
Silicon Valley's $400 Juicer May Be Feeling the Squeeze Ellen Huet and Olivia Zaleski, Bloomberg We never bought into the hype of a $700 juicer, but the folks at Juicero were able convince some that its WiFi-connected device was worth the investment. Well, you now only have to hand over $400 as the price dropped since it launched. Unfortunately, the juice packs that the machine uses can be squeezed by hand, which led the company's CEO to offer refunds this week to unsatisfied customers.
Juicero will refund unsatisfied buyers of its WiFi-connected press
We never bought the hype on Juicero's $700 connected cold-press machine, but the company's CEO says anyone who did pay for one can get their money back. In a blog post on Medium, CEO Jeff Dunn responded to a Bloomberg report that pointed out the company's produce packs can be squeezed by hand, without buying the juicer at all. According to Dunn, for the next 30 days any Juicero owner can return their machine for a full refund (since it launched, the price has dropped to $400) -- this courtesy presumably doesn't extend to any of the investors who backed it.
Now there's a $700 smart cold-pressed juice maker
The world needs a "magical" $700, subscription-based juicer apparently. At least that's what the folks behind Juicero seem to think. The 31.5-pound countertop device ticks a few buzzword boxes (farm to table, smart, organic, has a companion app) while catering to our inherent laziness. The apparent draw, according to Business Insider, is that there's no mess or work involved: put an IV-bag-sized pouch in the machine and it spits out a cup of cold-pressed juice while telling you its nutritional content.