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Beyond Meat fights for survival

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Re: Beyond Meat fights for survival

#271

Post by bell-cot »

cloudbonsai wrote: post #132

So the biggest problem here is that Beyond Meat has a huge debt due in just 2 years: That’s a problem given that $1 billion in convertible bonds come due in March 2027. Beyond Meat has no way to repay that debt, and the credit markets know it: The bonds currently trade at about 17 cents on the dollar. To put the "$1B" number into the context, Beyond Meat sold $300M worth of plant-based meats last year, and made a net…

> If they could magically ... it would take 20+ years ...

It's worse than that - 10% profit on $300M sales is only $30M/year.

Vs. "risk-free" US Treasury bonds currently yield 4% to 5% - so parking $1B there would earn you $40M to $50M per year.

Nobody's insane enough to loan money to Beyond Meat at US Treasury rates. And even if someone was - Beyond would still fall deeper into debt every year, because they couldn't even keep up with the interest.

Re: Beyond Meat fights for survival

#272

Post by tsimionescu »

JumpCrisscross wrote: post #234
bluescrn wrote: post #164

Earlier quoted context omitted.

Everything comes down to world population, which has quadrupled in a century, making the previously-sustainable now unsustainable. But even many of the climate catastrophists can't get away from the mentality of 'we still need growth at any cost'. And 'growth' is most easily obtained by creating more consumers and more workers.

> Everything comes down to world population This is nonsense. The consumptive, energy and material intensity of GDP, as well as GDP/capita, have varied greatly across time and countries. > even many of the climate catastrophists can't get away from the mentality of 'we still need growth at any cost' Degrowth is an extremist dead end. If an environmental movement falls for it, it should be ignored.

Degrowth is inevitable.

Whether it will happen "naturally" because of climate catastrophes and war, or whether we will somehow understand this and do something before it's too late, I can 100% assure you that the world economy in 2100 will be smaller than today.

Re: Beyond Meat fights for survival

#273

Post by throwaway7783 »

kikokikokiko wrote: post #200
rimbo789 wrote: post #195

Earlier quoted context omitted.

That’s a funny way to say genocide

Like the one the aztecs regularly unleashed upon their neighbors? Or any pre-colonial tribe in the Americas or Africa (in this case up until this day really). What did the Romans brought us really?

By this logic all wars are justifiable. What a take!

Re: Beyond Meat fights for survival

#274

Post by actsasbuffoon »

thoroughburro wrote: post #235
mgraczyk wrote: post #157

Earlier quoted context omitted.

Why do you believe it's not healthy? Because of the processes food hysteria stuff?

By “processes food hysteria stuff”, do you mean “the growing research consensus around ultra-processed foods”?

The bulk of the harm from ultra-processed foods was specifically from meats, with smaller contributions coming from sugary drinks and dairy desserts. It’s the pink slime, reconstituted McRib, and hot dogs that are causing the most significant health problems.

Beyond burgers have no cholesterol, hormones, or antibiotics. They’ve got significantly lower saturated fats. Studies have shown that swapping out regular burgers for Beyond burgers lowers your LDL cholesterol and TMAO.

I’m not going to pretend they’re as healthy as a burger made out of black beans and carrots. But if concerns about UPFs are your primary reason for avoiding them then you can relax; they’re not that bad.

Re: Beyond Meat fights for survival

#275

Post by druskacik »

vmg12 wrote: post #252
thoroughburro wrote: post #235

Earlier quoted context omitted.

By “processes food hysteria stuff”, do you mean “the growing research consensus around ultra-processed foods”?

A category that includes both twinkies and whey protein powder doesn't seem that useful.

The rule of thumb is that the ultra-processed food should not account for a too large part of your diet. The protein powder is usually taken as a supplement and in small quantities, as opposed to food like twinkies people can easily overeat on. But try to make protein powder 80% of your protein intake and see how you'll feel in a week.

Re: Beyond Meat fights for survival

#276

Post by novia »

joelrunyon wrote: post #82
ignormies wrote: post #51

Earlier quoted context omitted.

I'll echo what some of the other commenters have stated: I'm not vegan nor vegetarian, but I definitely align with many of the reasons that one would choose to be so. There are environmental and animal welfare concerns with the meat industry that simply cannot be ignored. With that in mind, I try _choose_ a non-meat-based option when it's feasible. I do my best to vote with my dollar. Beyond Meat and Impossible have…

If you care about the ethical reasons for plant-based meat, you should look at the companies business practices behind the scenes when they think no one is paying attention - https://x.com/joelrunyon/status/1927531529883762920 Kind of wild how they're treating creators.

You shouldn't take it so personally that they're suing you. They're obligated to try to defend their copyright if they want to be able to continue using it.

Re: Beyond Meat fights for survival

#277

Post by airstrike »

cloudbonsai wrote: post #132

So the biggest problem here is that Beyond Meat has a huge debt due in just 2 years: That’s a problem given that $1 billion in convertible bonds come due in March 2027. Beyond Meat has no way to repay that debt, and the credit markets know it: The bonds currently trade at about 17 cents on the dollar. To put the "$1B" number into the context, Beyond Meat sold $300M worth of plant-based meats last year, and made a net…

Debt can always be restructured.

Re: Beyond Meat fights for survival

#278

Post by Lord-Jobo »

jebarker wrote: post #262
bartread wrote: post #221

Earlier quoted context omitted.

And this as well: > The company expects the figure to reach about $330 million in 2025, roughly 10% higher than it was six years earlier despite a huge increase in the number of products offered. It’s not like they have any growth potential to speak of that would enable them to service that debt. It’s a bit hard to see who their target market is or, rather, it’s a bit hard to see that the market segment they’re aimin…

I would guess the primary target market is ex meat eaters that are trying to go vegetarian but have been raised to enjoy the taste/texture of meat. I am in this group. I agree it’s not a very large market for the reasons you stated above. However, maybe BM hoped they could grow that market, I.e. convince more meat eaters to give it up for ethical reasons.

I am in a similar group; the mostly-vegetarian. Chicken when I don't have a real choice, red meat at a wedding like once a year or something.

I like beyond meat products, the price is obviously a problem but they go on sale locally frequently enough to be a good substitute for us.

Something about them I HATE though is that they have two burger products that are extremely similar with one main difference: product A is kept frozen and requires thawing to cool properly and product B is kept frozen and cooks from frozen.

They are so similar that we accidentally get the wrong one all the time.

Once cooked, both products are indistinguishable from an eating perspective. Get product A the fuck outta here, please.

Re: Beyond Meat fights for survival

#279

Post by spwa4 »

rimbo789 wrote: post #195
kikokikokiko wrote: post #187

Earlier quoted context omitted.

[flagged]

That’s a funny way to say genocide

Colonialism ENDED the genocide that was going on in most of Africa before the Ottoman empire was defeated. A genocide generally referred in older texts as "the islamic slave trade", because islamic economies were entirely dependent on the slave trade for more than a millenium, oh and because it's part of the religion/state that islam was at the time.

Economically it was quite accurate to say that the islamic slave trade WAS islam. As in, everything else was a rounding error. Even now, because the slave trade is still easily 95% of the entire existence of the religion.

For "some" reason people are now trying to rename it "African slave trade". Not at all to get people to focus on the 1% of slaves that went to work in western colonies in the New World (which is what Americans historically called it).

Re: Beyond Meat fights for survival

#280

Post by Findecanor »

mgraczyk wrote: post #157
makingstuffs wrote: post #129

The problem with Beyond Meat is that it is insanely expensive. I could buy a free range, organic and grass fed beef burger for the price of their ultra processed burger. Don’t get me wrong, as a vegetarian, I think they taste nice. They are just too damn expensive and not particularly healthy which goes against why I am a vegetarian. In Europe we have so many alternatives that are insanely cheaper and, as an Indian,…

Why do you believe it's not healthy? Because of the processes food hysteria stuff?

Many vegetarian meat substitutes, including the Beyond Burger, contains methylcellulose. It is one of several emulsifiers both often associated with "ultra-processed foods", and known from several studies to affect the mucus lining the intestinal wall, increasing the risk for infection and suspected of increasing cancer risk.

Being a vegetarian, after having suffered colon cancer twice, I now too eat only burger patties I've made myself (similar recipe to the one above), and also use only real mayo and sour cream, so as to avoid those emulsifiers.

Edit: Downvote, why? Because I am a vegetarian?

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