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Billion Dollar Deal

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business7 months ago

From LA Food Stand to $1 Billion Brand: The Rise of Dave’s Hot Chicken

Four high school dropouts and unlikely entrepreneurs founded Dave's Hot Chicken, which grew rapidly into a $620 million business and was sold to Roark Capital for $1 billion, with the founders cashing out around $80 million each. The brand's success was driven by social media hype, celebrity backing, and strategic expansion, and the founders remain involved despite the sale.