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Combatting e-waste by paying you $500 for your seven-year-old laptop? How does it work and why isn t everyone doing it? - Hardware - Services

The Venom Value Cycle seeks to use customers as suppliers to benefit all. Venom made such high-quality computers that customers didn’t need to come back. Now the company is offering a novel buy-back program for existing customers which pays them US$400 ($500) for their old computers - even if they’re five-to-seven years old! It’s a sustainable business model that helps reduce waste, energy and landfill. We asked CEO, Jaan Turon to explain how the program came about and what’s best about it. E-waste has always bothered me since the very beginning of the personal computer revolution. However, currently, it is fast becoming a global problem. The biggest question right now is, what do we do with all this waste? It absolutely requires more than just a band-aid fix.

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