12 points by bookofjoe 3 hours ago | 7 comments
- How come they are not able to make a profit? They have more and more competitors, ok, but surely the competitors are not rushing to also lose money, it seems that there is profit to be made. Why were they not able to optimise their costs over the years?
"the price gap between more-expensive meat alternatives and the real thing kept widening since 2022, to $4.20 per pound in 2024" That's quite surprising, what could be the reasons?
- Are competitors doing well? It's really a bit of a weird product category - not really appealing to vegetarians or meat eaters. Who are they marketing it to?
- People who eat meat but feel bad about it, apparently.
This is an extremely loud online group but apparently barely exists in real life.
- For an international perspective, I can tell you that their competitors are doing very well in my corner of Europe, but the competitions quality is 10x-100x that of Beyond.
People buy competitors products because they are simply legitimately fine tasting products on their own, no vegetarian vs meat marketing required.
Beyond just has shit product, even if they genuinely were the first to develop the technology.
- From the archive.pH link: > company’s current cash position will last four about six more quarters.
Is that the type of mistake an LLM makes?
- disgusto revoltient was and is money trying to sell waste to get more money useing hype nobody wants to eat bugs and slime but that does not stop the money from trying to force it down peoples throats. try harder?, it will become illegal to market this as meat, or meat alternative, etc, and will be forced to label as vegetable protien, of which there are thousands of varieties all ready.