⚡ Get All Content for 20% Off ⚡

Hey Juicero, Erlich Bachman Just Called and Wants to Invest After raising $120 million, the $400 internet-connected juicer is as farcical as an entire season of 'Silicon Valley.'

By Gene Marks

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

HBO

If you're a fan of HBO's Silicon Valley then I'm sure you're looking forward to the season four premiere on Sunday night. I know I am.

The show centers around a fictional tech company called Pied Piper located in -- you guessed where -- and its protagonists include Erlich Bachman, Richard Hendricks, Gordon Felson and a bunch of other narcissistic, self-centered, arrogant tech "geniuses." They keep promising to "make the world a better place" with their incredible technology, yet are routinely unable to talk to women, boil a cup of tea or handle most normal social situations.

Related: This Man Just Raised $120 Million for a Fancy Home Juicer

It's a hilarious show. But if you can't wait until Sunday, don't you worry. There's a bunch of other Silicon Valley people who are just as funny to watch as our friends on the TV show. Their story is true and you can watch it right now. Have you heard?

These are the people behind the "Juicero" machine, developed by Doug Evans, a real life Erlich Bachman. "Juicero" will remind Silicon Valley fans of Aviato, Bachman's failed airline booking aggregator startup. We're never quite sure if Aviato does anything useful, and we can't be sure about the Juicero either.

According to Bloomberg, the gadget is an "internet-connected device that transforms single-serving packets of chopped fruits and vegetables into a refreshing and healthy beverage." It's the "Keurig for Juice"! It all sounds so cool and techie that Evan's company has raised more than $120 million from a bunch of Silicon Valley investors including Kleiner Perkins Caufield & Byers and Google's Alphabet Inc. Having bought into the idea, they have proved themselves to be as dopey and comical as the investors from Raviga Capital, the fictional VC firm from the TV show.

Related: What Elon Musk Really Thinks of 'Silicon Valley'

Why? Because this week it was demonstrated that anyone can just as easily and in less time -- with bare hands, mind you -- wring about as much juice from the pre-packaged fruit bags as the Juicero does. Not only that, but the "internet capabilities" of the Juicero -- which are surely what romanced the community of tech investors -- is reporting on the same nutritional information that is on the label already attached to each bag of fruit. What's even funnier is Evans' description of the product: "There are 400 custom parts in here," he once said. "There's a scanner; there's a microprocessor; there's a wireless chip, wireless antenna." Wow, is there a data compression algorithm just like Pied Piper's?

Juicero CEO Jeff Dunn insisted the machine, which costs a whopping $400 (reduced from its original $700 price but don't forget the weekly cost of its "Produce Packs") is still an "incredible value" and a "great experience" that will not only save us time but, through its state-of-the-art wireless technology, be able to "remotely disable Produce Packs if there is, for example, a spinach recall." Phew!

And here I was waiting for Silicon Valley to start on Sunday. C'mon HBO, just admit that the Juicero story is a funny marketing stunt to promote the TV show. Ha ha. Please? Erlich Bachman, it's you, right?

Related: 7 Ways 'Silicon Valley' Is an Epic HR Failure

Oh. This is not a TV show. These people exist and they really did raise $120 million. It seems like those brilliant, Stanford-educated, latte-drinking, BMW-driving, tech savants who think of themselves as geniuses changing the world aren't nearly as smart as they believe they are. If you're ever in negotiation with one of these people, just remember Erlich Bachman and the Juicero story to put things into perspective. It will remind you that you may very well be the only one in the room with some common sense -- particularly if that room is somewhere in Silicon Valley.

Gene Marks

Entrepreneur Leadership Network® VIP

President of The Marks Group

Gene Marks is a CPA and owner of The Marks Group PC, a ten-person technology and financial consulting firm located near Philadelphia founded in 1994.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

The Remote Side Hustle a 43-Year-Old Musician Works on for 1 Hour a Day Earns Nearly $3,000 a Month: 'All From the Comfort of Home'

Sam Ziegler wanted to supplement his income as a professional drummer — then his tech skills and desire to help people came together.

Business News

Costco CFO Reveals Uncertain Fate of $1.50 Hot Dog and Soda Combo

CFO Richard Galanti reveals that the price will stay the same — but only "for a while."

Business News

The Most Unexpectedly Popular Side Hustle of the Decade Has Low Startup Costs and High Markups

A new report shows that vending machines are a popular investment — and the industry is set to grow up to $3 billion by 2031.

Marketing

Ever Wonder Why Certain Websites Rank Higher Than Yours? This SEO Expert Reveals The Secret to Dominating Search Results

It's often the smart use of SEO, now supercharged with AI, particularly in keyword optimization.

Business News

AI Is Impacting Jobs. Here Are the Gigs Affected the Most, According to an Analysis of 5 Million Upwork Postings

The researcher said in the report that freelance jobs were analyzed first because that market will likely see AI's immediate impact.

Leadership

Former Interrogator Shares 5 Behaviors Liars Exhibit and How to Handle Them

Five deceptive behaviors to look for and how to respond to those behaviors when you encounter them.