Beyond Meat vs Impossible Burger | We've Got Beef | 5
Business Wars
Wondery
4.6 • 13.2K Ratings
🗓️ 8 January 2026
⏱️ 44 minutes
🧾️ Download transcript
Summary
This fall, Beyond Meat became a meme stock, surging …and then falling right back down. For years, alternative meat companies Beyond Meat and Impossible Foods have struggled to win over customers en masse. Deena Shanker of Bloomberg Businessweek explains where the companies lost their way, and whether they can survive another year. Later, journalist Clint Rainey walks us through his investigation for Fast Company where Beyond and Impossible claimed they were victims of a social media disinformation campaign funded by “Big Beef.” So were the rumors true? Clint breaks it down.
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Transcript
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| 0:00.0 | I'm David Brown, and this is Business Wars. The Food Company Beyond Meat recently had a short-lived spike in its stock, mostly thanks to internet trolls, but now shares are back to where |
| 0:39.1 | they have been for a while hovering around just a dollar per share. Its biggest competitor, |
| 0:44.9 | Impossible Foods, is privately held, but their financial outlook is allegedly not much better. |
| 0:50.3 | Meat alternatives were once trendy. Now the top purveyors are struggling to stay afloat. Online wellness |
| 0:58.0 | influencers have stepped up their attacks on the brands for being ultra-processed, pointing to a long |
| 1:03.5 | list of hard-to-pronounce ingredients. Beyond an impossible have clapped back with videos and documentaries |
| 1:09.3 | of their own, but those haven't seemed to |
| 1:11.8 | generate quite as much buzz. So where does all this leave these brands at a time when the tides |
| 1:17.2 | have shifted? Here to talk about it is Clint Rainey, an investigative journalist who's covered |
| 1:22.1 | beyond meat and impossible foods since their beginnings. A few years ago, he was approached by these companies |
| 1:28.2 | to investigate a social media disinformation campaign, allegedly funded by big meat companies to |
| 1:35.2 | eliminate beyond and impossible from the competition. Clint will join us to explain where this beef |
| 1:40.5 | with fake meat came from and whether these online rumors were true. |
| 1:44.9 | But first, Dina Shanker of Bloomberg Business Week dives deeper into how beyond became a meme stock this fall, |
| 1:51.3 | and whether there's a place for it on Wall Street's table moving forward. |
| 1:55.2 | Stick around because all that's coming up. |
| 2:08.2 | Music coming up. Dina Shanker, welcome to Business Wars. |
| 2:10.4 | Thank you so much for having me. |
| 2:12.1 | Hey, tell us a little bit about your time on the package food beat at Bloomberg. |
| 2:15.1 | When did Beyond Meat hit your radar? |
| 2:16.9 | Were you, was it for work, |
| 2:18.3 | or were you just sort of at the grocery store one day and you stumbled upon something interesting? |
... |
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