Selling a product that doesn't work.
How do companies like this get funding?
powerbalance.com
How do companies like this get funding?
1–5 of 5 posts
Re: How do companies like this get funding?
#2The same way companies selling "wireless antistatic bracelets" get funding.
Re: How do companies like this get funding?
#3"magic" devices to make you healthier/perform better/more wonderful have quite a long history of making money so with the right person probably is a great investment and there is a whole world of people investing in this, that and the other outside of the valley.
Re: How do companies like this get funding?
#4They did $35m in sales last year:
http://www.cnbc.com/id/40842683/CNBC_s_Sports_Product_Of_The...
Whether you like their product or not, they've created something consumers want to buy.
Re: How do companies like this get funding?
#5They did $35m in sales last year: http://www.cnbc.com/id/40842683/CNBC_s_Sports_Product_Of_The... Whether you like their product or not, they've created something consumers want to buy.
Years ago all of my older relatives and in-laws were wearing copper bracelets because they did something 'magnetic' or 'electric' to help their arthritis. It was no use trying to convince them otherwise. :(