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Beyond the Pale

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

If there’s one place you would think the coolest, hippest, newest “thing” would get swarms of attention, it’s the Palo Alto Whole Foods. I visit there two or three times a week, and it occurred to me I never saw the darling of the stock market (for a while, at least) Beyond Meat. I finally found it hiding in the same obscure section as Miso and Kimchi. Here’s my photo:

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There was literally the entire inventory. Three lonely, squished packages tucked away in a forgotten corner of the refrigerated section. I suspect a month ago these three fellas were still in there.

In any case, BYND seems to be sputtering. Based on little more than my three-second glance at my local Whole Foods, I’ve got a sneaking suspicion the $8.4 billion valuation of this company is a bit rich.

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