I recall when Beyond Meat was the “hot thing” – we fed the participants of the Singularity University Executive Program Beyond Meat meatballs and burgers, which were, at the time, quite difficult to source. It was the future. On your plate. Now it is something only shortsellers appreciate.
From a fundamental perspective, Beyond Meat is one of the worst stocks in the entire market. […] Any purely financial model here would suggest that the equity is worth zero, and that in 2027 the Beyond Meat business will wind up in the hands of its bondholders.
The markets are a harsh mistress:
Beyond Meat’s plan was to change the world; yet it almost certainly won’t be able to pay its debts.
