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David Tran

All articles tagged with #david tran

business-food-industry1 year ago

"Sriracha Empire: The Peril of 78-Year-Old Immigrant Turned Multimillionaire David Tran"

David Tran, a Vietnamese immigrant, built a multimillion-dollar hot sauce empire with his signature sriracha, but now faces uncertainty as the supply of his famous sauce remains shaky despite a three-year hiatus. Tran's journey from selling chili sauce door to door in Vietnam to becoming a successful entrepreneur in the US is marked by an unusual business model relying on a decades-long partnership with a California farmer, which has now come to an end.

business1 year ago

"The Sriracha Moguls: Immigrant Success and Peril in the Hot Sauce Empire"

David Tran, a Vietnamese immigrant, built a multimillion-dollar hot sauce empire with his signature sriracha, but now faces uncertainty as his supply of chili peppers remains shaky after a falling out with his longtime pepper grower, Craig Underwood. Tran's journey from selling chili sauce door to door in Vietnam to becoming a hot sauce mogul in the US is a testament to his entrepreneurial spirit, but the future of his empire is in peril due to the disruption in the chili pepper supply.

business1 year ago

"The Epic Breakup: The True Cause of the Sriracha Shortage Revealed"

The iconic partnership between California farmer Craig Underwood and Huy Fong Foods' David Tran, the maker of sriracha, ended in a bitter dispute over payment, leading to a catastrophic shortage of the beloved hot sauce. Both businesses suffered financial losses and legal battles, with Huy Fong struggling to find a new chili supplier and Underwood facing financial ruin. The fallout led to scarcity of sriracha, allowing competitors like Tabasco to gain market share, marking an ignoble end to a once-thriving business relationship.