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I keep seeing people say that Impossible tastes better, bit Beyond keeps snagging big deals like this and it makes me wonder if they have either a price or sup
by noneeeed 6y ago
I keep seeing people say that Impossible tastes better, bit Beyond keeps snagging big deals like this and it makes me wonder if they have either a price or supply-chain advantage.
- hahahahe 6y agoA key factor being BYND is a public company and they are under pressure to produce results. These are largely small experimental runs. I think the general consensus is that Impossible is the better product. And my guess is McDonald’s knows this and could be trying to drive down valuation for Impossible so they can buy it. It’s currently valued around $4-5B vs $9B for BYND.
- leafmeal 6y agoI really don't know jack about this stuff, but I will be blown away if your market predictions turns out to be true.
- acchow 6y agohttps://www.cnbc.com/2020/01/07/impossible-foods-abandons-pursuit-of-mcdonalds-burger-deal.html https://www.cnbc.com/2020/01/07/impossible-foods-abandons-pu... "The company said it cannot produce enough of its imitation meat to partner with the world’s No.1 fast-food chain."