David Tran, the founder and CEO of Huy Fong Foods, on how Rooster sauce came about
David Tran is a Vietnamese man of Chinese ethnic origin. Sriracha sauce actually has its origins in Thai cooking where is also called man phrik. The Vietnamese use it as a condiment for pho and fried Noodles. Huy Fong Foods is named after the Taiwanese owned freighter that got Mr Tran out of Vietnam in 1979. It is called Rooster sauce because of the rooster on the bottle. The rooster is on the bottle because Mr Tran was born in the year of the rooster.
Venture capital firm Andreessen Horowitz | 16 Things looks at the trends shaping the companies that they invest in.
DLD15 – The Four Horsemen: Amazon/Apple/Facebook & Google–Who Wins/Loses (Scott Galloway) – his delivery is almost like freestyle rap. Galloway highlights real concerns about the business models of Amazon, Facebook and Google; which are destroying wider economic value.
Amazon has decimated whole industry sectors: retail and retail real estate. It has tried to disrupt publishing and media production. Galloway’s book The Four is less engaging than his keynote delivery. More on The Four here.
To support the launch of the film Doraemon: Stand By Me in Hong Kong, a mobile merchandise shop was created that paid homage to the robot cat.
Hong Kong like other Asian markets (Japan, Korea, Thailand) is a huge market for cute character franchise merchandise.