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Technology Stocks : Impossible Foods and Beyond -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (28)5/19/2019 8:59:54 PM
From: zax  Read Replies (1) | Respond to of 191
 
I tried Beyond sausage tonight. My wife bought me some at Whole Foods.

It was just OK. It tasted sort of like sausage. But the distance between sort-of like sausage and like sausage is a big one. It was not very satisfying. I won't be buying this product again.

I have not tried any Impossible foods besides the Impossible burger, but at this point, and based only upon my experience of Impossible burger vs Beyond sausage, I would dare to say that Beyond is an also-ran.

I hear through the grape vine that Impossible Foods isn't interested in an IPO at this time - increasing production capacity is their only driver right now, and an IPO would result in a loss of too much control. It sounds like they are having no issues raising capital privately.

They are spending a lot of money to expand production capacity and open new production facilities. It is very hectic, they cannot yet scale output to meet demand.

Regards,

Zax