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  "documentTitle": "Oatly Group AB (OTLY)",
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  "authorName": "Ben Axler",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-07-14 00:00:00",
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  "notes": "Uses quotes from founder and former employees to establish a conflict of interest.",
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      "text": "Warning: Spruce Point believes that Oatly knows that the oat product life cycle will eventually mature and decline like many food product lifecycles. Unfortunately, Oatly spends very little on R&D - just 1.5% of sales in 2020 - to foster new product development.",
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      "text": "Oatly investors should be concerned that founder Oste, who is also on the Board, is working to develop competitive products to Oatly.",
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      "text": "Food technology company Swebol Biotech recently filed a patent for new vegan milk alternative Quiny. The company—which was founded in 2015 by Adventure AB... is comprised of a team of researchers from Bolivia and Sweden.",
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      "text": "But I think the big plan at Oatly is that they know that the cycle of life of this product is not forever. That happened with soy and almonds. So they are ready now. They have a product after oat, and that is Quinoa.",
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      "text": "In 2008 we bought out the R&D unit and took it out of the company and created a new innovation vehicle called Aventure AB... The core of everything, the mothership is Aventure where we create and innovate.",
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      "text": "\"But I think the big plan at Oatly is that they know that the cycle of life of this product is not forever. That happened with soy and almonds. So they are ready now. They have a product after oat, and that is Quinoa.\" — Former Oatly Employee Interview. \"In 2008 we bought out the R&D unit and took it out of the company and created a new innovation vehicle called Aventure AB... The core of everything, the mothership is Aventure where we create and innovate.\" — Oatly Founder Bjorn Oste Interview. \"Our background is with oats and Oatly, and we strongly believe we can do it again with this unique collaboration, Quiny,\" — Swebol CEO Olof Böök.",
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      "kind": "title",
      "text": "Oat Milk: A Fad That Even People Associated With Oatly Realize Will Likely Fizzle; R&D Upside Stripped From Oatly Shareholders",
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