The answers are bleak but may still surprise you.Īs of 5 PM EDT on May 10, 2023, Beyond Meat has created a highly seasonal, lower midmarket, negative EBITDA business that peaked at $464M in annualized sales in 2021. So, what did Beyond Meat create? What will last? Will it ever grow again? And what can other founders learn from this classic case of irrational exuberance?
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