291–300 of 645 posts
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> Why is that hopeless? because you can’t take 20 years to pay off debt that is due in 2 years.
Refinancing, but whoever lends them the money will take a long hard look at the rest of their finances and decide to pass.
They taste nice, sure. But my supermarket now also has Mushroom burgers, lentil burgers, normal soya burgers... All for 1/3 of the price.
The premium product of vegatarian meat is meat, not more expensive veggie meat, it seems.
Personally I think this will become that premium spot: mosameat.com
But who knows, it's too early to tell.
The FDA already allows far too much salt and preservatives in US food supplies and this fake meat stuff is an absurd amount of salt that will 100% give you a heart attack very very early if you eat it regularly. Just like the drug ads on TV, this is one of those situations where industry must be reigned in before the market discovers the truth.
A Beyond Burger has ~300 mg sodium. You could eat one every day and come in well under the recommended daily allowance of sodium as long as the rest of your diet is appropriate.
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 become profitable at 10% profit margin, it would take 20+ years to repay the debt. It's hopeless. Why is that hopeless? Maybe I'm too green or optimistic but that just requires long-term planning. Also inflation will make it a bit easier. One thing I find tough for them personally is that I like the Impossible burger a lot more. I find Beyond meat not tasting like meat, not enough. Since tha…
They don't have 20 years to pay it off. Debt is due in 2 years
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It's not hysteria. Beyond Meat uses way too much processing in their food. They literally have patented processes to alter protein structures.
> They literally have patented processes to alter protein structures. This is like saying "the main chemical in vaccines is just one atom from bleach!" In that it informs absolutely nothing, is true, and sounds scary. The main chemical in vaccines being water: H2O -> H2O2; and the processes humans have been using for millennia to alter protein structures being "cooking", "mixing it with alcohol or vinegar", or "addin…
It's insane to me that they're struggling despite the burgers being more expensive than actual meat in my supermarket. They taste nice, sure. But my supermarket now also has Mushroom burgers, lentil burgers, normal soya burgers... All for 1/3 of the price. The premium product of vegatarian meat is meat, not more expensive veggie meat, it seems. Personally I think this will become that premium spot: mosameat.com But w…
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Which types of processing exactly is implied by that, and which are not? Where's the line drawn, is ground beef ultra processed or not? how about a chicken schnitzel? canned sardines? dark chocolate? Which part of the ultra-processing is making the foot unhealthy, is it chemicals they add? the fact that they heat it up (but at home when you cook you also heat up stuff)? something else they do with it? If you bake fri…
The term comes from the Nova classification. https://en.wikipedia.org/wiki/Nova_classification
i cannot understand the urge to compete with the pig or cow or chicken (especially) for meat production. they are so good at turning feed into meat. why not plant based lobster, crab, sea cucumber or sea urchin or sharks fin or something similar. that is unproductive? or impossible to farm? and perhaps even endangered? something that plant based processes are closer to competing on price.
Because they are living, somewhat sentient, animals that are capable of suffering. And using them as a food source requires that we kill them on a large scale.
And because industrial-scale meat production causes huge suffering to the animals caught-up in it, as well as serious environmental damage.
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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.
> But try to make protein powder 80% of your protein intake and see how you'll feel in a week. What? I've had >100g of protein from whey protein shakes every day for months now. I don't know what you're trying to imply.
I definitely feel a bit better, and have a much easier time building muscle.
If you run the numbers, you can actually eat a shocking amout of protein (300g+ / day) from lean meat while maintaining a calorie deficit.
And if you buy frozen chicken breasts from Costco, I think it’s actually cheaper than whey!
That said - you do you, whey has its place in many lifestyles.