Early crypto investor Novogratz likens Beyond Meat's surge to the bitcoin bubble
Former Fortress hedge fund manager Michael Novogratz says Beyond Meat's rally smacks of bitcoin's boom, which was followed by a crash soon after.
Bitcoin bull Michael Novogratz is seeing the same rush of enthusiasm toward Beyond Meat that came at the height of the crypto bubble.
The former Fortress hedge fund manager said while big ideas — like new alternatives to animal meat and money — capture people’s attention, they can also become drastically over bought.
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