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drk posted:time to close the thread drat why’s beyond meat doing so bad. That’s a company I can actually believe in
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Apr 13, 2024 23:30
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is it bad I havent heard most of those? Also is it bad that I know some people that use Clover Health as their insurance? should they not use it?
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Apr 13, 2024 23:40
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Ziv Zulander posted:drat why’s beyond meat doing so bad. That’s a company I can actually believe in They've never turned a profit and revenue is falling now as well
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Apr 14, 2024 00:00
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Dang It Bhabhi! posted:The grimmest tale yet. What do you find grim about it? Planning for retirement and death?
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Apr 14, 2024 00:10
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Ziv Zulander posted:drat why’s beyond meat doing so bad. That’s a company I can actually believe in well in 2023 they sold $343 million of fake meat and lost $334 million to do it if it costs you $2 to sell something for $1 you have a problem and that's extra bad when you realize that one of their biggest problems is low demand because their product is too expensive. like, if I wanted to pay $10 a pound for hamburger meat I'd go to the farmer's market and buy some local pasture raised cow. I dunno, I've had the stuff and the burgers are a decent replica, but in like a chili I'd rather just make a better vegetarian version. I think it's telling that the one person I've met who was all-in on impossible burgers and beyond meat was a vegetarian who as far as I could tell did not like any vegetables.
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Apr 14, 2024 00:16
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Klyith posted:a vegetarian who as far as I could tell did not like any vegetables. That is literally their target market. It's not big enough.
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Apr 14, 2024 00:36
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I can see it. There were probably lots of people who tried a terrible veggie burger puck 20 years ago and have it fixed in their minds that is what a veggie burger tastes like. Somebody made a veggie burger that tastes good (because it has the same nutrient profile as a real burger and isn't actually healthier for you) but how do they get everyone to try it when everyone "knows" veggie burgers are awful? Do big promotions and sell at a loss to get more people to try your product, with the vague plan of economies of scale reducing your costs in the future when you make it big.
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Apr 14, 2024 00:52
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its amazing how much energy and effort gets put into turning veggies into a simulacrum for meat rather than americans/westerns just getting used to eating veggie as themselves. like good job turning bean proteins which either canned or whole and dry can be shelf stable for years or even decades into a fridge product with a shelf life of weeks.
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Apr 14, 2024 00:54
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I've tried bean burgers and it's just a waste of good beans.
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Apr 14, 2024 01:06
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Facebook Aunt posted:Do big promotions and sell at a loss to get more people to try your product, with the vague plan of economies of scale reducing your costs in the future when you make it big. Or maybe just a Bluth $10 Banana lack of understanding of what things cost and what people can afford? Ethan Brown, the founder of beyond meat, on his deep connections to the agricultural life: quote:I had a wonderful opportunity as a kid to grow up in the city and spend a lot of time in the countryside. My father’s a professor and at the time he was teaching at Maryland and did not like being in the city. He grew up in the country himself and really wanted that experience for his kids because that’s where he felt most at home. I dunno what they pay professors in Maryland, but I've known some professors and none of them could buy 2 farms and 100 cows because they missed the country life. And lest you think little Ethan was mucking out the cow pens every day after school, no. He was at a private boarding school in PA. These are the people who get the venture capital. Born rich people who schmooze with born rich people. People who think that if they can make a good veggie burger for $10 it'll be a hit, because they eat at places where the burgers cost $20. And while Beyond Meat is a far more noble endeavor than the average techbro scheme, it still stems from the same basic disconnect from how ordinary people live.
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Apr 14, 2024 02:03
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While seems, yeah they over-estimated the market, but not sure how meat prices are in the US but in Australia just checked local supermarket prices and it's AU$8.50-$10 for four beef burgers, and $10 for four V2 fake meat burgers, currently on sale for $8.50, so exact same prices. If you want to just buy 500 grams of beef mince and make your own, that's gonna be $6.50. dr_rat fucked around with this message at 02:54 on Apr 14, 2024 |
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Apr 14, 2024 02:44
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PhazonLink posted:its amazing how much energy and effort gets put into turning veggies into a simulacrum for meat rather than americans/westerns just getting used to eating veggie as themselves. I mean there are plenty of vegan and vegetarian americans. Beans/etc are a thing and certainly sell much better than engineered meat-alikes. I eat mostly vegan and the imitation meat stuff just doesnt appeal to me at all
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Apr 14, 2024 02:52
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darkwasthenight posted:Incredible comments on there. My fave reply to No Brakes Ape: quote:Hedgies are probably shorting your car
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Apr 14, 2024 04:35
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PhazonLink posted:its amazing how much energy and effort gets put into turning veggies into a simulacrum for meat rather than americans/westerns just getting used to eating veggie as themselves.
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Apr 14, 2024 13:12
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dr_rat posted:While seems, yeah they over-estimated the market, but not sure how meat prices are in the US but in Australia just checked local supermarket prices and it's AU$8.50-$10 for four beef burgers, and $10 for four V2 fake meat burgers, currently on sale for $8.50, so exact same prices. Yeah US prices for meat are way cheaper, because 1) there are a ton of subsidies for agriculture that go to giant factory farms instead of the small family farms they put in the political ads 2) the gov't doesn't regulate out meat packing industry worth a drat. we pass the savings (and e coli) to you!
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Apr 14, 2024 14:20
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PhazonLink posted:its amazing how much energy and effort gets put into turning veggies into a simulacrum for meat rather than americans/westerns just getting used to eating veggie as themselves. I'm a vegetarian and I don't eat a lot of the fake meat stuff. However, the Beyond/Impossible stuff is a great thing for nostalgic comfort food when you need it. Craving something like Beefaroni is perfect for it on occasion and it's a dish that's not the same if you try to replace the beef parts of it with canned beans. The stuff definitely has its place.
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Apr 14, 2024 14:32
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Klyith posted:Yeah US prices for meat are way cheaper, because Those sound like reasonable US prices to me, my local grocery store has 4 patties for $7 US which is about $10 AUS. I wish our meat was cheaper 
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Apr 14, 2024 15:01
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Trader Joe's textured soy protein is great for chili and beefaroni at 25% of the price of beyond meat. There's a price point where perfect meat substitute isn't needed
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Apr 14, 2024 15:05
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FrumpleOrz posted:Craving... Beefaroni... 
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Apr 14, 2024 15:36
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What can I say? I ate a lot of Chef Boyardee as a kid because my parents couldn't cook.
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Apr 14, 2024 15:47
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Sardonik posted:I don't pity these people, but I do pity their spouses. All you had to do was I pity them a little bit. Not enough that I think they should get off scott-free, but enough that I get a bit uncomfortable watching the ones like Kais who clearly have a mental illness, or the small-time players who got hoodwinked by the promise of being able to escape the daily grind. The bigger grifters have my contempt, but Jim, the guy who thought he could finally get rich enough to buy his wife a house have my pity.
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Apr 14, 2024 16:17
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Neito posted:I pity them a little bit. Not enough that I think they should get off scott-free, but enough that I get a bit uncomfortable watching the ones like Kais who clearly have a mental illness, or the small-time players who got hoodwinked by the promise of being able to escape the daily grind. The bigger grifters have my contempt, but Jim, the guy who thought he could finally get rich enough to buy his wife a house have my pity. Jim and his reddit/twitter buddies berate, insult and down vote anyone that tries to talk sense into them. So at a certain point, gently caress'em.
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Apr 14, 2024 16:26
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Impossibly Perfect Sphere posted:Jim and his reddit/twitter buddies berate, insult and down vote anyone that tries to talk sense into them. So at a certain point, gently caress'em.   
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Apr 14, 2024 20:04
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how long until BBLIAQ completely goes under? I bet two years
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Apr 14, 2024 22:33
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JAnon posted:how long until BBLIAQ completely goes under? I bet two years Go under what are you talking about, the stock just recently started skyrocketing! 
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Apr 15, 2024 13:36
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Clearly, that trajectory can only go to the moon!
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Apr 15, 2024 16:50
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the best memestonking to watch is truth social, because you get to actively root for the retail investors to go broke, as they are, right now
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Apr 15, 2024 17:26
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r/teddy DD appears to argue the inevitable success of apes from at least one of their many inconsistent theories based on "an infinite number of monkeys at an infinite number of typewriters will eventually write Shakespeare" cast into Intro Probability Theory: https://www.reddit.com/r/Teddy/comments/1c3o6n5/the_million_horse_theorem_an_exhaustive/
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Apr 15, 2024 17:32
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evilweasel posted:the best memestonking to watch is truth social, because you get to actively root for the retail investors to go broke, as they are, right now the funny thing is I think there are 10x as many people that bought thinking they were outsmarting all the chuds than there were actual chuds buying anyone touching that poop deserves what they get
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Apr 15, 2024 17:44
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evilweasel posted:the best memestonking to watch is truth social, because you get to actively root for the retail investors to go broke, as they are, right now You rolling puts?
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Apr 15, 2024 17:47
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Serious_Cyclone posted:r/teddy DD appears to argue the inevitable success of apes from at least one of their many inconsistent theories based on "an infinite number of monkeys at an infinite number of typewriters will eventually write Shakespeare" cast into Intro Probability Theory: https://www.reddit.com/r/Teddy/comments/1c3o6n5/the_million_horse_theorem_an_exhaustive/ This person is probably mentally ill.
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Apr 15, 2024 17:53
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we've given animals typewriters before, they either mess with it a bit and then lose interest, or they break it, or piss and poo poo on it.
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Apr 15, 2024 18:23
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pixaal posted:You rolling puts? having been following crypto long enough knowing something is going to zero doesn't mean you know when and i didn't want to gamble, so i am strictly profiting in schadenfreude rather than dollars but it's a fun ticker to have on while working, while reading the washington post publish interviews with the holders: https://www.washingtonpost.com/technology/2024/04/14/truth-social-investors-faith-trump/
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Apr 15, 2024 19:01
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Serious_Cyclone posted:r/teddy DD appears to argue the inevitable success of apes from at least one of their many inconsistent theories based on "an infinite number of monkeys at an infinite number of typewriters will eventually write Shakespeare" cast into Intro Probability Theory: https://www.reddit.com/r/Teddy/comments/1c3o6n5/the_million_horse_theorem_an_exhaustive/ So literally the business model SBF was using for gambling customer funds on random cryptocurrencies.
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Apr 15, 2024 19:29
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pixaal posted:You rolling puts? Puts have massive IV at the moment, so the gains are pretty iffy.
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Apr 15, 2024 19:31
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Hello Sailor posted:So literally the business model SBF was using for gambling customer funds on random cryptocurrencies. so other than rug pulls and not being the bag holder how does one make money by
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Apr 15, 2024 19:34
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drk posted:the funny thing is I think there are 10x as many people that bought thinking they were outsmarting all the chuds than there were actual chuds buying My brother was one of them. I gave him the "if you've thought of that, everybody has thought of that" speech for why you don't try to be smarter than the market, but he never listens to those and I mysteriously stop getting updates on how his stock is doing the moment it starts heading down.
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Apr 15, 2024 19:40
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PhazonLink posted:so other than rug pulls and not being the bag holder how does one make money by
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Apr 15, 2024 19:52
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Serious_Cyclone posted:r/teddy DD appears to argue the inevitable success of apes from at least one of their many inconsistent theories based on "an infinite number of monkeys at an infinite number of typewriters will eventually write Shakespeare" cast into Intro Probability Theory: https://www.reddit.com/r/Teddy/comments/1c3o6n5/the_million_horse_theorem_an_exhaustive/ if i have a 999,999 insane theories, and you have a single theory i am obviously mentally ill, then the chances of you being right are one in a million that's just how math works
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Apr 15, 2024 19:53
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Impossibly Perfect Sphere posted:This person is probably mentally ill. well yeah they are posting DD in r/teddy
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Apr 15, 2024 19:54
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