Juicero

Juicero raised $120 million in venture capital for a $400 WiFi-connected juicer, only to be exposed when a Bloomberg investigation showed the proprietary juice packs could be squeezed just as effectively by hand. This waste of funds is 40% less than the $2 billion WeWork burned annually, yet Juicero became the quintessential symbol of Silicon Valley excess. With only 10 models initially sold to consumers before the company shuttered, its hype far surpassed its actual utility.