Short seller spruce point capital has been very aggressive in criticizing oatley. The company is 28 years old, growing rapidly, but perhaps at the expense of profits. There's a lot of redistribution going on in these financial markets with insider selling at the peak and without early lock ups. These are companies where you can walk by sweetgreen and say " wow, i like their products"
Felix, Mihir and guest host Stephanie Mehta discuss the recent spate of companies going public without profits and what Amazon’s moves into space mean for their competitors and consumers.