Is Beyond Meat Really Worth $4.2B? 🌿🍔
from HyperChange Hosted by Gali
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? Become a #HyperChanger & support us on Patreon to receive the exclusive weekly HyperChange Newsletter!! https://www.patreon.com/hyperchange LINK - Beyond Meat HyperCharts: https://www.hypercharts.co/bynd LINK - Beyond Meat investor relations: https://investors.beyondmeat.com/ LINK - Beyond Meat S-1 filing: https://www.sec.gov/Archives/edgar/da... LINK - HSI report on climate impact of animal agriculture: https://www.humanesociety.org/sites/d...
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