Post by
zalmonella on Jul 16, 2021 12:55pm
A surprise start
Great buzz on the launch. Hits all the flake buttons - female "entrepreneur", social enterprise supported by credit unions, IPO, vegan - are there any buzzwords missing?
https://dailyhive.com/vancouver/yumy-bear
Some don't seem to like the artificially high valuation.
https://www.forbes.com/sites/douglasyu/2021/06/21/low-sugar-vegan-candy-startup-yumy-bear-will-go-public-at-50-million-value/?sh=95b890cab49c
Let's see how sales do. If that buzz keeps going, it could be $35 in a year. Otherwise it'll be $0.35, because the food business really doesn't have that much juice in it.