Insiders Say Eat Just Is in Big Financial Trouble

Popular vegan egg and lab-grown-meat company Eat Just is in deep financial trouble. A WIRED investigation bringing together court records, documents, and interviews from former employees suggests that the company frequently struggled with paying its suppliers on time. Now it is being sued by a former partner for roughly $100 million and faces lawsuits from other vendors, some of which are reported here for the first time.

“The biggest issue was absolute financial mismanagement,” one former senior Eat Just employee alleges. Multiple former employees claim that the practice of delaying or withholding payment to vendors was “entrenched” and “endemic” at the company. “We had vendors we were six months behind

→ Continue reading at Wired - Science

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