Juicero: $700 Wi-Fi Juice Press Can Be Squeezed by Hand, Rendering Its Purpose Moot

Bloomberg
Juicero: $700 Wi-Fi Juice Press Can Be Squeezed by Hand, Rendering Its Purpose Moot
Image: Wikimedia Commons

What happened

Bloomberg reporters discovered that Juicero's proprietary juice pouches could be squeezed by hand in the same time and with equal results as the $700 Wi-Fi-connected press. Juicero had raised $120 million in VC funding and charged $399–$699 for the machine plus a $35–$50/month subscription.[1]

What went wrong

The product's core technology — a hydraulic press — added no value over manually squeezing the pouch. The company built expensive, complex hardware solving a problem that did not exist. DRM preventing third-party pouches was the only technical "moat" and created user resentment.[1]

Lesson learned

Hardware complexity must create real user value, not just VC appeal. Building a "connected" device for its own sake while the core function is trivially replicable by hand is a cautionary tale in Silicon Valley product thinking. $120M of funding does not validate a product concept.

Est. value burned ~$120M $120M in venture capital raised; all lost on shutdown

Sources

  1. [1] Bloomberg Juicero: $700 Wi-Fi Juice Press Can Be Squeezed by Hand, Rendering Its Purpose Moot