Why VC Funding = Death (MSCHF Dead Startup Toys)

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Today I am unboxing MSCHF's brand new Drop, the Dead Startup Toys. Five companies who raised a ridiculous amount of money that all failed and ended up in the startup graveyard. RIP!
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Unnecessary Inventions is the brainchild of product designer Matty Benedetto, where he designs & builds 2-4 brand new products each week that solve problems that don't exist.

[@Playfool]

Honestly the Juicero is kinda the ultimate unnecessary invention

[@groofay]

But there's no way Juicero could make money only off of bags of juice! Who would they think they were, Capri Sun?

[@bharathiashok4707]

It is USED to squeeze juice without manually pressing

[@piedude67]

Hey it's playfool

[@Hjaelteomslag]

"Here! Have a glass of room temperature juice from a bag!"

[@placeholdername3907]

Ho lee shit its playfool

[@groofay]

I love it, a set of figurines of products that is as useful as each of the featured products.

[@CheesyGhostOnToast]

It's a collectors item. Once it sells put people will pay resell prices for it

[@DerClaudius]

@@CheesyGhostOnToast they're dust-catchers... who collects those? This could be tongue-in-cheek paper weights in a VC firm, but then again, they want to appear reputable, so they wouldn't want to remind anyone of massive fails....

[@Kirito14682]

@@DerClaudius apple books are crazy expensive resold

[@vesh]

I'm trying to act smart here, but I don't understand what Venture Capital funding is...

[@jacobjstoffer]

rich people giving companies money to try to help them grow, with the expectation that the company gets huge and makes them a bunch of money.

[@brianbadonde9251]

Where's your usual comment "this is completely necessary"

[@Echyy]

@@brianbadonde9251 ikr

[@Lolmaker632]

Same

[@dwild92]

VC funding is simply a company that only invest in others companies. They usually expect pretty quick grow, which put immense pressure over the company they invest in, but it also come with ton of money, thus allowing that grow to happens.

[@saraj8079]

Ah yes Juicero, the bag squeezing machine

[@chikenstev5601]

Not to mention you have to connect to the internet to use it

[@Silver4Hire]

@@chikenstev5601 what the fuck lol

[@chikenstev5601]

@@Silver4Hire yeah, even in their privacy policy it practically says it will give your personal info to any company that asks

[@CuulX]

@@Silver4Hire and you have to install their app on your phone, give them your name etc to make an account, it refuses to squeeze naga from other vendors and even their own bags if they have expired past the meaningless "best before" date by a second.

[@Hjaelteomslag]

Sounds like torture.

[@jachowl4467]

I remember the juicer (The first one), I saw a KZbin video about it. You HAD to connect it to the wifi or it wouldn't work and it had to download a huge file before you could use it.

[@booradley1138]

New idea for an unnecessary invention: a 500 dollar machine that squeezes fruit and pours the juice in those plastic Juicero packets - so the 700 dollar Juicero can squeeze the juice out again.

[@dylandreisbach1986]

I like how the One Laptop Per Child was trying to solve a problem that wouldn't exist in a few short years due to the iPhone. Yeah phones do not replace computers, but for a kid you just spend a little extra to get them a smartphone. They basically do the exact same things they would have done on a laptop but now you can call them on it and it's always with them. And with the pace of electronics, it's pointless bringing out something so cheap because you can buy an old laptop for 200 that's leaps ahead of anything you could make on that kind of budget.

[@potawatadingdong]

This is neat. Also a great example why you shouldn't put money into things that haven't even been made yet.

[@antoniodalessandro2958]

Not true, there wouldn't be any unsponsored and indipendent research otherwise bruh

[@cristianconstantin6496]

We wouldn't have had VR with that mentality

[@PatrickPaul1203]

My in laws had a Jibo, it was cute, and useless unfortunately. It’s still in a little spot in their living room in case he comes back to life

[@cursed_xzy]

He won't lol

[@PatrickPaul1203]

@@cursed_xzy since then my in-laws moved, Jibo did not go with them

[@therealbeanbot]

I distinctly remember wanting to get a Jibo when I was 7 or 8.

[@samago20]

I disagree on the OLPC project. I'm from Uruguay and thanks to it, a whole generation of school students were able to get their hands on a computer. In many cases, these laptops were the only computer on their homes (i'm talking back to 2007 where there weren't smartphones around). Nowadays Uruguay is the most "digitalized" country in latin america and 42nd in the whole world beating some of the "first world" countries.

[@trixstix0910]

I was going to say, that project sounded a lot like they at least tried to do an honorable thing. I also wonder if with the tech we have today if someone could try and recreate it, but improve it so it lasts longer than what OLPC did

[@izyannaveed2421]

I miss the one company that always was a good sport and always will be the best company and never had anything wrong, and that is Jibo

[@EverythingGeek]

Awesome video man I really enjoyed all the info about each dead product

[@TheMovieSequelDude49]

The amount of shade in this video is truly astonishing. I love it. 😂

[@mrjohnjones]

Drinking game: Drink everytime he says "whatsoever"

[@gutobernardo7457]

I loved this video! Hope you continue showing us unnecessary inventions form other people like these 🤣

[@ZaneT531]

Keep bringing this type of video mate ! i like it

[@jt364]

Sweet concept for a video!

[@tevk]

I backed OLPC, and while it did ultimately fail, I do admire what they tried to do. And unlike some of those others, they did actually make them, and ship them to 3rd world countries, but at a smaller scale then they originally planned. Having used the laptop myself, there were a lot of things wrong with it, most prominently a shitty trackpad and screen. In the end, it was worse than a netbook, and not much cheaper.

[@carlosdromero9286]

Really interesting video, you should do more!

[@thenward]

Seven Kickstarters? I know about the coffee table puzzle. What else? So cool! How did they go? What is the story of each of them?

[@alyandthecats]

Haha I was just thinking about that cooler a few weeks ago!

[@LeniTjahjadi]

You can open the Juicero! It comes with a pack of juice

[@Drogenkopf08]

I remember Linus making a video about the Jibo The thing seemed kinda neat, but like you said, even at the time it was way behind the competition and often times just flat out didn't work

[@kittykawaiicat1088]

I just found the jibo like last week and I was a bit excited for when it came out, guess it wont

[@realgrilledsushi]

I hope Carl Pei’s Nothing earphone doesn’t ended up in this list.

[@jimbeezer9779]

Yo where did you get that blanket on your couch?? That is a incredible design

[@cooploop01]

I couldn’t help but notice the Christmas music in the back😂😂😂

[@TheSpelledMilk]

This box is so COOL. I love it.

[@sonygoup]

Lol love this. I remember some of these

[@kaskjmerecollier3917]

I would watch an entire series about dead start ups

[@kidsdesanti3756]

this is pretty cool

[@ulisesr614]

Its the coolest cool

[@BobbyDaBunnyRabbit]

@@ulisesr614 It’s the coolest cool I’ve ever cooled

[@Rocketboi]

Hi I am also from Vermont and just wanted to say hi!

[@fabianluethi03]

5:19 Is there a video about his 7 kickstarter projects?

[@NathanHoweMusic]

What's with the jazzy "Silent Night" music bed?

[@envisionelectronics]

1:04 Anyone else notice that background music is the classic lo-fi jam “Silent Night”

[@martibenson9742]

I have a friend who has that cooler. It's super awesome.

[@jillsandwich6808]

I love this!

[@ruzzelladrian907]

Jibo was actually a decent product compared to the others that did not have any use, like the MiniLab and Juicero.

[@emberchord]

Holy shit, your nails are really well done.

[@cindyespindola4946]

A nosotros nos encantaron las ceibalitas cuando nos la regalaron en las escuelas en Uruguay! Sorry nostalgia hehe but seriously tho we loved those

[@kennethwhitehead9824]

Invention idea for you: heat sink for your hand to keep from melting chocolates when you grab a big handful. Nobody likes sticky fingers

[@YoutubeKeyboardIssueSucks]

are all these 3d printed miniature version ? which the video guy made or really these were these size

[@fang7370]

Can you create a car horn for when you get stuck in foot traffic please

[@CodingCorvus]

i still really want a working jibo... too bad it is gone

[@rajsastrophotography]

if you don't mind may I know do you patent your invention or not?

[@Castawot.]

I think they should do the ooya

[@uttamsharma6358]

I like Jibo. Only if a tech giant could work on that and make it more useful!

[@dylandreisbach1986]

How much is a Jibo today? How much could someone snag one and gut it and make it a customized robot assistant?

[@mikuoctoling]

TBH, the XO failed "kinda" because, recycling old laptops from the trash is kinda cheaper than buying a very low-powered netbook

[@AUnicorn666]

Ok this is random but can ypu make a device that helps you align your high five properly?

[@probabyjesus6786]

Never heard of a lot of these

[@orbnaes]

Lest not forget the Ouya!

[@minetcallahan8328]

Do sell any of these like inventions

[@unfortunatedisgrace246]

i feel like nowadays you basically slap some phone connection and some high tech words on something mediocre useful and call it a thing on kickstarter or other similar websites. oh yeah or you made a slightly different recepit for some sports or diet related food or drink and it's basically just protein in a different shape again.

[@Zaperno]

Day 3: a charger that only charges to 69%

[@adreanaline]

please add captions or enable autocaptions.

[@i_farted321]

I WATCHED THIS YEARS AGO AND I DIDN'T NOTICE THAT WAS YOU

[@dianaram.c.1992]

That’s awesome didn’t know be was a Harvard Alumni 💕💕

[@soupytime2548]

My grandpa has one of the coolest coolers and it’s awesome

[@jorsh4934]

Yo my uncle had one of those XO1 laptops

[@m2pt5]

My brother actually got a Coolest cooler. Biggest issue: the rechargeable battery sucks and you can't get replacements.

[@thenovineuniverse]

I used to own a OLPC. It sucked

[@leoak]

Shoes that clean doormats on the way in. Make it happen!

[@RipRoaringGarage]

I know a lot about things that go RIP.... Now I do youtube channel thing...wonder how thats gonna go...(nervous laughter noises)

[@chrissullivan4513]

When I was in prep at school we had a xo computer

[@ingsochivorn862]

Idea: mouse that connects to phones

[@Thatmfchris73]

Make an invention that shakes your G fuel

[@gbyt034]

Like an automatic blender bottle?

[@figbat6363]

The only one I remember is the coolest cooler and the robot

[@williamsterling1045]

Anyone think these r gonna resell well?

[@archivushka]

Is that this dude from unnecessary inventions?

[@Anonymous-eo2er]

Theranos! Everyone’s favorite scam

[@TheWshorts]

Has anyone been hearing silent night at the start?

[@antoniodalessandro2958]

Nice video

[@zelkouo4662]

Who else is confused at what Venture Capital Funding is

[@taiguemitchell452]

Make a head scratcher for a helmet

[@setaripantheon8801]

Apple/Google bought it up to take care of the Alexa/Siri competitor...

[@readyrex]

I remember jibo

[@PeepGamePopoff]

Honestly I’m surprised you aren’t a part of the mschf collective

[@arlandya]

where's ouya?

[@Slugg0]

i keep feeling like i've seen you in a mr beast video

[@datcrazybot]

You are too smart idk what this stuff is

[@wumpus976]

I have an idea for a useless invention! Fart amplifier.

[@Ensign_games]

i want to put ai dungeon or a chatbot on a jibo

[@helveticacalibri4036]

So it's just models of the product, not the real thing?

[@slavsterbater]

IIRC the juicero required internet connection and also came with a subscription

[@bschena]

You missed the best part of the whole set....open the door on the Juicero!

[@rohanimations]

What happens?

[@sivathenu7419]

VC ⁉️

[@Miuzi]

i bet my hand you are related to Joe Gatto

[@mrboyd3432]

OH NO AMONGUS

[@YoutubeKeyboardIssueSucks]

damn juixero really..selling juice separately when why the toy gimmick

[@memesifoundonline]

Another great example is the cicret bracelet.

[@MonsieurPopu]

bruh you'Re getting yolked!

[@ishdx9374]

ok I won't fund voice chats anymore

[@sgtleobella]

Oh, man, Juicero and The Coolest were the biggest wastes lol

[@migg-e]

I’m disappointed you didn’t really use the items here, kinda just flossed them on camera

[@bbotgoeswild3098]

Make waterproof books so you can read in the shower

[@Natalietrans]

Theranos just wasn’t used. Most times they would just use actual machines

[@NigelMelanisticSmith]

Jibo is sold out 😔

[@greaterthanpie]

I'm leaving a like for jibo