The story
Juicero raised about $120M for a connected press that squeezed proprietary juice packs. Then Bloomberg reporters showed the packs could be squeezed by hand. It shut down months later and became shorthand for Valley excess.

No. 039 · 2013 · San Francisco
$700 Wi-Fi juicer. Reporters used their hands.
Peak Silicon Valley
Make my startup a legendJuicero raised about $120M for a connected press that squeezed proprietary juice packs. Then Bloomberg reporters showed the packs could be squeezed by hand. It shut down months later and became shorthand for Valley excess.