Franchise Equity Group

September 29, 2019

Fake "Test" of Fake Meat

Folks, this is not a "test", it's a done deal. It's no more a "test" than McCafe was "tested" in the state of Michigan in 2008. Both companies generated this week's publicity with press releases and announcements on their websites.

Consider this - a major chunk of the share price of Beyond Meat (BYND) is their investors' expectation that McDonald's would eventually serve the product. If this was a real "test" it would have been done in an obscure market without much fanfare. Because, if the "test" 
didn't pan out the value of a BYND investment would drop like a rock.

The fact that both companies created so much press and the "test" is being done in a prominent marketplace means they can't go back. 

From: beyondmeat.com

September 25, 2019

Bloomberg Celebrates McDonald's CEO

They got some things right and somethings wrong but at least they talked to a few Owner/Operators.

Steve Easterbrook Wants McDonald’s to Think Like Silicon Valley
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