Is Beyond Meat Really Worth $4.2B? πΏπ
HyperChange
English - May 09, 2019 21:40 - 18 minutes - 35.1 MB - β β β β β - 97 ratingsTechnology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The plant-based burger startup rose more than 150% on its first day of trading, and hasn't looked back since. Today, Beyond Meat is worth $4.2B, and on track for ~$175M in revenue in 2019 (my estimates). Would you pay 24X sales for Beyond Meat?Β
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LINK - Beyond Meat HyperCharts: https://www.hypercharts.co/byndΒ
LINK - Beyond Meat investor relations: https://investors.beyondmeat.com/Β
LINK - Beyond Meat S-1 filing: https://www.sec.gov/Archives/edgar/da...Β
LINK - HSI report on climate impact of animal agriculture: https://www.humanesociety.org/sites/d...