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In the early 80s, David Tran developed a sauce he called Sriracha; its popularity quickly spread among chefs and customers throughout Southern California. But to grow his business, Tran needs to find a reliable source of red jalapeños. So he forms a partnership with a farm called Underwood Ranches. For nearly 30 years, the two companies have an enduring and highly profitable partnership, until one day it all falls apart.

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41:T473,✅ Vote for TBOY to win “Best Business Podcast” at the Webby Awards.https://vote.webbyawards.com/PublicVoting#/2024/podcasts/shows/businessLimitless (backed by Andreessen Horowitz) just launched a $99 AI pin that records your conversations and transcribes them into notes for you — So we’re looking at a world where everything you say, do, and hear is recorded… and how to prepare.Ghost Kitchens were supposed to be the future of food, but now they’re disappearing (like ghosts) — This looks like a classic case of “The Segway Effect.”And General Electric just sold its famous Management Academy, a 60-acre corporate retreat campus — It means the Jack Welch School of Business is officially closed.Plus, Heinz just launched a new product: Ketchup Insurance — It’s time to ensure that your cute white top is insured.$GE $DENN $GOOGSubscribe to the best newsletter yet: tboypod.com/newsletterWant merch, a shoutout, or got TheBestFactYet? Go to: www.tboypod.comFollow The Best One Yet on Instagram, Twitter, and Tiktok: @tboypodAnd now watch us on YouTube Hosted on Acast. See acast.com/privacy for more information.42:T742,

🍅 Heinz Ketchup: The King of Condiments...