This is why it makes me so happy to see terrible startup ideas get plenty of funding. Without frequent evidence of overoptimistic bets, it is nearly guaranteed that many viable ideas are going unfunded. Juicero made me unbelievably excited for our future.https://twitter.com/jasoncrawford/status/1183833891209019392 …
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Replying to @zackkanter
I mostly agree, but genuine question: What was the upside scenario for Juicero? Fund startups that are terrible ideas because the problem is too hard, not because the problem is irrelevant.
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Replying to @maxrosett
You’re assuming someone would be able to 100% accurately judge “problem is irrelevant” before a product even exists.
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Replying to @maxrosett @zackkanter
Many of the arguments made against Juicero can also be made against Keurig & similar companies. I didn't (formerly) think people would want to spend ridiculous sums on home espresso machines and coffee. I was wrong. Juicero seems like a bet something similar could work for juice
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Not obvious that bet was wrong. Indeed, there may be a future company which makes it work. Strongly agree with Zack's original tweet.
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(Excuse me: Keurig isn't just espresso. But the argument still applies, I think.)
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