Beyond Meat's CEO isn't selling any of his shares anytime soon — and thinks the company could someday make $40 billion in revenue

Beyond Meat

• Beyond Meat CEO Ethan Brown told Bloomberg news that he's focused on the long term and isn't selling his shares anytime soon after their recent sell-off.
• The stock rose as much as 8% Wednesday, following a 24% single-day plunge spurred by the expiration of the company's post-initial public offering lockup period.
• Investors concerns that increased competition will constrict Beyond's future growth have also depressed shares. But Brown said he expects competition and the company is prepared for it. 
• Read more on Business Insider.

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Beyond Meat CEO Ethan Brown, the fifth-largest holder of the company's stock, said he won't be selling shares anytime soon following Monday's sharp sell-off.

"Why would I? I'm entirely focused on the long term," Brown told Bloomberg reporters Deena Shanker and Tatiana Darie on Tuesday.

See the rest of the story at Business Insider

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