A business manager for Hollywood celebrities and billionaires explains why fake meat is the next big investing trend for the ultrarich

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Colombia Noticias Noticias

Michael Brown, a business manager for celebrities and billionaires, says clients were seeking fake meat investments even before Beyond Meat's IPO.

But there are other options in the private market, and Brown has become something of an old pro at evaluating them. Whether he's looking at a plant-based meat company or a cannabis company, he says he looks for many of the same qualities.

Brown adds that when he's advising a client about a potential investment in either industry, everything from its supply chain capabilities to distribution to its in-store shelf placement matters, because those things will influence the business's chance of success.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 729. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Top-performing fund manager who takes big risks says stay invested in US stocksMargaret Patel, manager of Wells Fargo Asset Management's Diversified Capital Builder fund, says her secret is a simple one. Capitalists use corrupt politicians and a police state to enforce slave labor and suppression of organizing by consumers and workers. Makes it easy for the born wealthy to become wealthier for doing nothing to earn it. Capitalism Enjoy
Fuente: CNBC - 🏆 12. / 72 Leer más »

Shares of fake meat company Beyond Meat soar as market tanksBeyond Meat, which makes 'plant-based meat' products now featured at Del Taco, TGIF and Carl's Jr., saw shares rise more than 13% in mid-day trading as the market tanked. Ford did not tank. It was up a penny.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Flipkart co-founder explains why foreign companies often struggle to succeed in IndiaMany foreign companies find it tough to succeed in India, and one reason, according to Binny Bansal, the co-founder of Indian e-commerce firm Flipkart, is their inability to deal with India's unique environment. It's not that complicated: racism. Flipkart itself does not look too interested in succeeding, not at customer service at least. I have purchased stuff worth thousands of dollars (nearly INR 0.2 M) in the past decade. And, after all this flipkartsupport is torchering me for a refund -
Fuente: CNBC - 🏆 12. / 72 Leer más »