Right now plant based meat is well under 1 percent of the meat market in the US and it's realistic it could become the majority within 10 years. Who will get the bulk of that is up for grabs, I invested in a smaller competitor to beyond and impossible which had a much lower valuation but with product I think it's right up there with them. Personally I'm a big supporter of them all
I'm really bullish on the possibility of a wide range of competitors for any given meat alternative. There are probably 10+ different brands of prepackaged beef burgers at most grocery stores, and there's a lot more room for differentiation if you're building a product from scratch than if you're just deciding which cows to grind up and shape into a patty.
Do you mind sharing the name of the company you're referring to? I'm always looking to try new options and support companies in the space.
