Why Beyond Meat's CEO is telling investors the company will become the Amazon or Tesla of the $1.4 trillion meat industry

Beyond Meat CEO Ethan Brown has drawn comparisons between the plant-based"meat" company and Amazon and Tesla. Brown said that he made the comparison on a call with investors because massive competitors were unable to stop Amazon's and Tesla's revolutionary"resets" of their industries. "There is a DNA to certain companies that allow them to get an insight into an industry and get far enough ahead before others catch on," Brown told Business Insider.

Beyond Meat CEO Ethan Brown has drawn comparisons between the plant-based"meat" company and Amazon and Tesla. Brown said that he made the comparison on a call with investors because massive competitors were unable to stop Amazon's and Tesla's revolutionary"resets" of their industries. "There is a DNA to certain companies that allow them to get an insight into an industry and get far enough ahead before others catch on," Brown told Business Insider.

If it tastes like the mass produced crap we already eat but happens to save the environment I’m all in for some of that incredible meat, who cares about the taste it’s Tegridy that really matters.😉

I feel like demand would entirely depend on social change. It is true that it's happening. But don't see any sign of natural growth. I guess you're also investing in a media company as they would have to be invested in that arena.

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CEO defends Beyond Meat as shares tank: 'My focus is entirely on growing this business''People have asked me, 'Do you want to do a partnership with a larger company?' I have no interest in that. I want to be that larger company,' Beyond Meat's Ethan Brown says. Could be that the product just tastes like dogshit How many shares is he selling today? Here to invest 😉
La source: CNBC - 🏆 12. / 72 Lire la suite »

Uber's lockup expiration could 'hobble the entire market' even more than Beyond Meat, Jim Cramer warnsCNBC's Jim Cramer warns of a 'very rude awakening' as a deluge of equity supply comes to market with little investor appetite. There’s got to be a “financial engineer” out there that can arrange a financing to buy all the stock back. It seems to work for established companies. 😎. C’mon Squid. Step up! Tell us how, not a hunch! UBER has .26% of float in index funds. BYND is .8% hardly enough to make a blip. Maybe mutual funds, biggest position in any fund is less than 3%.
La source: CNBC - 🏆 12. / 72 Lire la suite »