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Article
Stories
Kash Feng, co-founder and CEO of Omakase Restaurant Group, moved to the Bay Area at age 18. He was the only child of factory workers, so when he moved to the U.S. in 1999 with his buddies, he borrowed $20,000 from relatives and friends, promising to return them.
Feng started working as a dishwasher at a Chinese restaurant in the East Bay, and was quickly promoted to busboy. He progressed through various industrial occupations, frequently juggling three jobs at once, while also taking English classes.
In 2007, he met Jackson Yu, who eventually became his business partner and executive chef of Omakase sushi restaurant. Like Feng, Yu also had modest beginnings. At 16, he and his parents left China and moved to the Bay Area.
Yu was a Japanese buffet busboy and gas boy on his days off. He was once asked to help out when the sushi chef cut his fingers one day. Yu then became so skilled that he could manually shape 2,000 identically sized sushi rice balls per day. Other sushi establishments took notice of this, including the well-known Ebisu in the Sunset, where he worked for five years to master sushi making.
They were both 26 when they decided to start their own restaurant business, Live Sushi, pooling all their savings and borrowing from relatives. Their restaurant was a hit from the beginning. Eventually, they were able to pay off all their loans, and the rest is history.
Now, Omakase Restaurant Group is an ever-growing empire, with different establishments all over San Francisco.
- 2 min read
Stories
Justine Tiu, a former Google Classroom software engineer, started crocheting to unwind after work. After realizing its appeal, she and her ex-Wall Street director husband, Adrian Zhang, launched The Woobles, a crochet kit company.
On Friday’s “Shark Tank,” the two explained the hobby’s vast appeal. The firm made $3.1 million last year and $5.3 million since launching two years ago.
All five Sharks quickly decided they wanted a piece of the company, and they showed they were willing to betray their business partners to get it.
The Woobles is a crafting kit company that offers patterns, step-by-step video tutorials, and all the materials needed to do amigurumi crochet, a Japanese fiber art form, even if you are a complete beginner. Once your kit arrives with all the materials, a login code gives you step-by-step written and video instructions to make your craft and helpful hints when you get stuck.
Tiu and Zhang ultimately received a $450,000 investment offer from sharks Mark Cuban and Lori Greiner. In exchange, the company, which at the time of filming was on pace to generate $7 million in yearly sales, gave Cuban and Grenier a split of 6% equity.
- 1 min read
News
Manhattan’s Chinatown is one of the neighborhoods that has been impacted the most severely by the pandemic.
New York Governor Kathy Hochul unveiled eleven transformational projects that would be part of the initiative to help the Chinatown community reopen corridors, restaurants, businesses, and cultural institutions.
The projects include:
- Renovating Kimlau Square
- Beautifying the Park Row connection to Chinatown
- Upgrading a section of Sara D. Roosevelt Park
- Installing murals and light projection art throughout Chinatown
- Expanding light-up Chinatown street lanterns
- Opening a community health & wellness center
- Reopening the childcare and family support center at Smith Houses
- Creating a Building Upgrades Fund
- Creating a Chinatown welcome arch/gateway
- Establishing Asian Culinary Arts of New York
- Establishing the Chinatown Cultural Welcome Center
“These critical investments will transform the neighborhood and create a more vibrant and inviting destination for locals and visitors alike while enriching the neighborhood by improving foot traffic, economic and cultural activity.” Governor Hochul said in a statement.
- 1 min read
News
Clark County Commission appoints Nevada’s first Asian American senator, Rochelle Nguyen, a state assemblywoman.
“I plan on working hard to ensure we are adequately funding our public schools, that health care is affordable as well as accessible, and that all voices are represented,” Nguyen said, who will replace former state Sen. Chris Brooks for a job in the private sector.
Nguyen was nominated by Senate Majority Leader Nicole Cannizzaro, D-Las Vegas. The new Nevada senator’s appointment to the Finance, Judiciary, and Health and Human Services committees for the next parliamentary session was made public by the Democratic caucus. She will hold the position’s vice chair.
The caucus acknowledged her efforts on “landmark” legislation, which included reforming the criminal justice system, regulating short-term rental agencies, and advocating for victims of domestic abuse.
When Brooks was elected to the state Senate in 2019, Clark County made the decision to nominate Nguyen to replace Brooks in the Assembly. She eventually won the election for the seat in both 2020 and 2022.
- 1 min read