Every major player in Silicon Valley, from Steve Jobs to Mark Zuckerberg, has been going to this Chinese restaurant

Screen Shot 2015-10-27 at 11.28.40 PM

Next Shark (by Melly Lee):

Silicon Valley is known for a multitude of landmarks, including the garages Apple and Google were started in, the Facebook campus, and the IBM Almaden Research Lab. The one landmark, however, that perhaps garners the most universal praise from the best and the brightest of the area is Chinese restaurant Chef Chu’s.
MellyLee-ChefChu-001Started by Lawrence Chu in 1970, Chef Chu’s has been the go-to place for the Bay Area’s tech elite, celebrities and politicians. Tennis superstar Serena Williams, platinum-selling artist Justin Bieber and former Intel CEO Craig Barrett have all frequented Chu’s establishment. The late Apple founder Steve Jobs also used to be a regular before he became a recognizable tech titan.

MellyLee-ChefChu-015

He’d come in here as a nobody,” Chu told Mercury News in a 2012 interview. “He’d wait 45 minutes to get a table and all of a sudden he’s on the cover of Time Magazine. I was busy making a living. I didn’t know who he was.”

In the mid-1980s, when then Secretary of State George Shultz needed to hold an emergency meeting with other high-ranking officials in the Reagan administration, he held it at Chef Chu’s.

MellyLee-ChefChu-006

Even though he’s been in business for 45 years, the 72-year-old Chu still goes to work with seemingly the same passion and drive he started with. He’s frequently in the kitchen helping the staff and tries greeting every single customer that walks through the door.

Silicon Valley futurist Paul Saffo once said: “No restaurant has had the longevity of Chef Chu’s for either quality of the food or popularity with the valley’s movers and shakers. It’s as vibrant and lively as it’s ever been.”

MellyLee-ChefChu-008

Most recently, Facebook CEO Mark Zuckerberg has become a regular at Chef Chu’s. Chu tells NextShark: “Mark Zuckerberg comes in here all the time. Him and his wife Priscilla came here last Sunday. Their parents too, they moved from the East Coast.”
MellyLee-ChefChu-013

Even with all the celebrity attention, Chef Chu believes in one core philosophy when treating customers: “Whoever comes in here, we should treat them the same. For a simple reason: they all pay the same price. Whether they’re an engineer, doctor, governor.

MellyLee-ChefChu-016

Aside from his restaurant, Chu has published three cookbooks, started a catering business, and created his own cooking classes.

His first job was as a busboy at Trader Vic’s, a Polynesian restaurant in San Francisco.

He recounts: “In the restaurant, we worked so hard and I found out that I loved restaurants. It’s very famous as well. I was there; I met all celebrities there. I was a busboy, waiter, bartender. Then I told myself, one day I want to do something like this. Maybe not a busboy, but I want to do something of my own.
MellyLee-ChefChu-011

At the time, he was trying to woo his future wife, Ruth Ho, who was then a PhD student at Stanford University. He’d often joke to her that he was also a PhD: poor, hungry and determined. Chu successfully wooed not only his future wife, but also his future father-in-law, who was a successful entrepreneur.

I told the father that I had a dream. I said I want to open fast food Chinese restaurants in America. The father liked me. They all liked me in a sense, but they never asked my education. They only said, ‘This guy is 25 years old and has a dream.’

MellyLee-ChefChu-012It was in 1970 that Chu decided to follow through on his dream of starting his own restaurant, opening his first fast-food Chinese restaurant in a space that used to be a small laundromat between a beauty salon and appliance repair shop.

Six months later, he took over the beauty salon’s space in order to expand his venture into a sit-down restaurant. Three years after that, with money he saved over the years and from an investment from his father-in-law, Chu purchased the entire complex and completely renovated his restaurant, including the installation of a state-of-the-art kitchen.

MellyLee-ChefChu-003

Although by then a successful restaurateur, Chu wanted to be a chef and worked tirelessly to learn from the chefs he hired at his restaurant, perfecting his culinary skill through practice and trial and error.

I worked my butt off. I collapsed in my bed every day. I cooked for 20 years in the kitchen.”

MellyLee-ChefChu-017

After his father’s restaurant was closed down by the health department, Chu went to college for two semesters to learn how to properly run a restaurant in order to make sure the same fate wouldn’t befall his own restaurant. To this day, Chu takes cleanliness and hygiene at his restaurant as one of his top priorities.

Personal hygiene is very important. That’s 24 hours every second, every minute of the job. When you decorate the plate, everything on the plate should be edible. You cannot just put a flower there because it looks good. Everything on the plate should be edible.”
MellyLee-ChefChu-021
Initially, Chu wanted to open a chain of Chinese restaurants all over the country but he eventually decided to just focus on one. At 72, he’s still learning and regularly travels to Asia to discover new culinary secrets.

People always ask me why I have only one restaurant. ‘Why do you work at 72? Why don’t you hire people and open two or three restaurants?’ The type of restaurant that I run is totally different than the type of restaurant that you run. It takes a lot of hard work but ultimately you must be a leader.

You have to have a great team behind you. For them, it is just another job. For me, it is my life. Most people work for me 20 to 30 years and retire. Why? They knew that they could trust me and that I would not let them down and that I was passionate. You have to demonstrate that you are a true leader.

MellyLee-ChefChu-027

Chu is not the only successful person in his family. His middle son, Jon M. Chu, is a successful director who has helmed films like “G.I. Joe: Retaliation,” “Justin Bieber: Never Say Never” and “Step Up 2: The Street.” His other son, Larry Chu Jr., has joined his father in the kitchen and plans to take over the restaurant someday.

Since Larry joined me [it has] allowed me to cut about 50% of the worry.

Most people [say], ‘Chef Chu, you should retire. You have all the money in the world.’ I’m coming here [because] I’m proud of what I do. I’m making history. I believe my philosophy, my method. I trust my instinct. I trust my burning desire that we put 100 percent in the business and don’t stop improving. I don’t say change for the sake of change. Don’t stop advancing. Don’t stop because the world is running, the world is changing.

MellyLee-ChefChu-022

Japanese Prime Minister Shinzo Abe says he pays his Facebook and Twitter fees just like everyone else

Screen Shot 2015-03-19 at 21.17.49

RocketNews24:

Has Japan’s Prime Minister Shinzo Abe fallen for one of those “Facebook to start charging” hoaxes?

Abe found himself the butt of the joke in parliament this week after slipping up on the subject of social media. The prime minister proudly told the House of Councillors on Wednesday that of course, he pays his Facebook and Twitter membership fees.

When Democratic Party politician Tsutomu Okubo asked Abe the question in an exchange during a budget meeting on Wednesday, he was clearly hoping to catch him out. And he succeeded.

Okubo first asked if the prime minister operates his social media accounts himself, to which Abe stated that he has help from staff, but the content of the tweets is all him. “My personal account, that one’s run by myself and my staff, basically I decide what we’re going to post about,” he told the assembly.

Next, Okubo asked with a cheeky smirk on his face: “And have you ever paid Twitter and Facebook service fees?”

He must have been delighted when the prime minister walked right into his trap, replying that yes, of course he pays his fees.

▼ Okubo looking pleased with his clever question.

Screen Shot 2015-03-20 at 10.29.54 AM

Like many world leaders, Abe has two sets of social media accounts, one under his own name, and an official account of the administration of the prime minister (the Kantei). He told the assembly that the fees on personal accounts are the responsibility of the individual:

“Of course, I pay my own fees for my personal social media accounts. But as for the Kantei accounts [the office of the PM], that’s paid for by the Kantei.”

Smiling, Okubo went on to explain what every schoolchild in this day and age knows: that Facebook and Twitter are free to use. For everyone. When he continued to poke the prime minister, asking, “Who are you paying these fees to, then?” there was audible laughter around the room.

▼ Even Abe’s team looked amused at the blunder.

Screen Shot 2015-03-20 at 10.35.13 AM

Abe rose again to counter with:

“I don’t actually know about the details of how it works. I decide the content of the posts and my staff do the rest. I think that’s to be expected really.”

Next Shark: Hong Kong leader’s daughter has epic Facebook meltdown and resorts to “Leaving Home Forever”

chaiyanleung
Next Shark: 

After Chai Yan Leung made her posts on Facebook, her page was deactivated. Shortly after, it reappeared with new posts and allegations from Leung. Her Facebook is currently deactivated again. Press has also surrounded the government’s house following the posts.

Screen Shot 2015-03-17 at 9.12.52 PM

Screen Shot 2015-03-17 at 9.12.54 PM

When it comes to stress, money doesn’t mean shit. That’s the lesson we picked up from Chai Yan Leung’s, the eccentric daughter of Hong Kong’s chief executive, most recent Facebook meltdown, following an alleged parental scuffle that ended with “Leaving Home Forever.”

It all started with this post:

chai yan 6

The Chinese, what we assume to be Honk Kong-styled cursing, (very) roughly translates to: “You are stupid. You are a slut. You should go be a hooker.”

Then Chai makes the first of some very emotionally-driven wishes.

chai yan 5

chai yan 4

Pretty much every kid wishes this at some point in their life, right?  Then things start to get dark…

chai yan 3

The Chinese characters refer to the Government House, where Hong Kong’s chief executive lives — fortunately, it only has three stories max…

 chai yan 2

chai yan 1

 

 

 

 

Shark Tank contestants Arum, Dawoon and Soo Kang turn down $30 million offer from Mark Cuban to buy their under three-year-old online dating company

Coffee-Meets-Bagel_47649
Next Shark: 

On a recent episode of “Shark Tank,” three sisters shocked the world by declining a $30 million offer from Mark Cuban to buy their under three-year-old online dating company Coffee Meets Bagel. They did it without even flinching.

The company’s founders, Arum, Dawoon and Soo Kang came into the tank asking $500,000 for 5% of their company, valuing it at $10 million.

Here’s how their company works: After signing up via Facebook, their service begins privately matching you up with mutual friends. At 12 p.m. every day, you get an email with a potential match. You then have 24 hours to choose whether to “like” or “pass” on the person. If you and the other party likes each other, you can talk via text through private messages for up to seven days before you’ll need to exchange personal information to proceed.

In the episode, Dawoon explained the appeal of Coffee Meets Bagel:

“Single women are tired of signing up for dating websites only to get hit on by creepy strangers bombarding them with disgusting messages.”

The core service is free, but the company makes money by offering additional services users can unlock using “coffee beans,” their virtual currency.

In the episode, the girls declined to give out their exact user-based numbers, which agitated Cuban and caused him to immediately drop out of bidding. He surprised everyone, however, by reentering at the end and offering $30 million to buy their company. Perhaps more surprisingly, the girls turned it down.

Their reasoning for refusing the offer, according to Dawoon:

“We see this business growing as a big as Match.com. They’re becoming a billion-dollar-revenue company, and we think this model and the product has potential to be as big as Match.”

By the end of the episode, all the Sharks went out and the girls left empty-handed.

We recently had the pleasure of interviewing Dawoon Kang, one of the co-founders of Coffee Meets Bagel. Here we discuss what it’s like doing business with family members, the difference between pitching the Sharks and other VCs, and, of course, what it’s like turning down $30 million.

How much influence did your parents have on your entrepreneurial ventures?

A ton! My dad is an entrepreneur himself. He actually started his own business with his brother. So it’s very similar to the steps they’re following. Growing up, we watched him putting so much passion and effort into his business, which is in a commodity space back in Korea. It was very inspiring to see that growing up. So we knew from very early on that we wanted to follow his footsteps and create something out of nothing. When that time came, we decided to take the punch in the entrepreneurial space, and he was always very, very supportive. Typically for parents, when they see their kids quitting their high-paying jobs and trying to do something risky, it’s not something that every parent would approve or support. But my dad was very supportive of our decision even though he knew it was risky. He told us, “This is something you should try and you should just go for it.” Having his support on our decision meant a lot to us.

As sisters, do you guys ever fight or have disagreements over company matters?

Oh yeah, we fight all the time! [laughs] In fact, one of the concerns my dad raised when we told him that we were going to start a business together was that we fight too much. I think siblings fight a lot, but particularly the three of us have always argued about a lot of different things — relatively a little bit more than other siblings, so that was one of his concerns. We are kind of worried about that also, but I think we have put in a lot of effort to professionalize our relationship, especially at work when it involves our employees and work-related matters. I went to Stanford Business School and I had a leadership coach who was very amazing, and I actually brought her in for a few sessions to coach us on how we give feedback to each other and how we resolve conflicts in a constructive manner. So to work on some of the skills, I think we’ve gotten a lot better at it.

Screen Shot 2015-01-19 at 11.23.26 AM

You and your sisters are each taking $100,000 salaries. While this seems like a fairly large number to take from your startup at first glance, you mentioned during the show that it’s still a large paycut. Can you go into more detail on what you guys did before launching Coffee Meets Bagel?

My twin sister Aroom worked in a variety of capacities but was always in the consumer field. She started her career at Avon working in marketing analytics and worked on Avon.com. She also worked at Amazon as a product manager in the children’s category. So she has a lot of experience in a tech e-commerce space.

For me, I jumped around here and there. I also worked at Avon because I love the consumer space. I kinda changed careers after business school and worked at JP Morgan in their investing group. So I dabbled in finance for a couple of years before starting Coffee Meets Bagel. And my older sister been in graphic design for over 10 years and she’s always worked with luxury brands.”

It seems like you guys complement each other really well in terms of skills and talent. You all come together like a perfect recipe.

Yeah, you know it kinda reminds me of Steve Jobs’ graduation speech at Stanford back in 2004. He talks about how you should work on what you are passionate about and years later you will be able to connect dots even though you may not actually be able to see it right away where thing are going. I think that’s what happened to all of us. We kinda went off doing our own thing, doing whatever that was interesting to us, and then it kind of came together five, ten years later.

During your episode, Mark was really turned off because you guys didn’t want to reveal your actual user-base. Can you elaborate more on your reasons why?

In hindsight, I think we should’ve shared the number. Quite frankly, for investors, it is a critical number that you need to know in order to figure out if this is a good deal or not. So If I were to go back, I would just share it. “Shark Tank” is a little bit special because of the public nature of the pitch, but just in general, if you are working in a competitive space, it’s my belief that unless you have to, why bother sharing when you don’t know if it’s gonna do any good? I don’t know if it’s applicable to everyone but that’s just how I think.

“Shark Tank” is not the first time you’ve pitched investors. Aside from the obvious fact that you’re being filmed, are their any major differences you saw between pitching the sharks and the other investors you’ve pitched so far?

What I really appreciate about all the sharks is that they are very quick. Typically when you actually come in front of a VC, a lot of times these VCs are finance-oriented people — a professional financier, right? You rarely actually run into VCs or investors who were entrepreneurs before. What I really appreciate about the Sharks is that all of them are very, very successful entrepreneurs themselves and I think that is a huge plus because they understand where we are coming from and what we are trying to do. I think because of that experience, that’s why they’re very, very sharp. I was very amazed that the level of understanding and command in the business that they were able to garner in that short period of time. With the exception of Mark Cuban, I don’t think any other Sharks are tech investors but they were able to grasp whatever we were trying to do very quickly, and I think it comes from the fact that they get exposed to tons of companies through “Shark Tank” and other means and also they are entrepreneurs themselves.

When Mark offered you $30 million, was there any point at which you actually considered it?

No, not at all. There is no regret there because we know the true value of Coffee Meets Bagel. It’s a lot bigger than $30 million, and to sell now, I think that would be selling ourselves too short. I would have loved taken him as an investor, but not to sell.

As a female who has worked in industries dominated by white males, have you seen any extra challenges?   

A lot of things are very, very subtle. For example, working at JP Morgan, they were pushing very towards diversity, gender but the fact of the matter is it’s still male-dominated industry. Especially my group, which was investing, it was very difficult to find a woman as a role model that I could talk to. When we walk in a room, mostly full of white men, you are constantly reminded of your own race and own gender. I think what’s great about starting my own company is that I never actually had to think about that anymore. I really do want to create a company that no matter what color your skin or gender, you never feel conscious because the company is so 

How has life been since the episode aired?

It’s only been four days since the episode aired (at the time of this interview), but obviously “Shark Tank” is a very popular show and we’ve had a very big surge in sign-ups on the night of the airing, so we’re very, very pleased with the results.

What’s next for you guys?

We have very ambitious goals. We want to be the authority brand when it comes to anything involving romantic relationships. We have a very, very long way to go. We just launched our Android app which was a huge milestone and we’re going to continue to execute our expansion plan.

Link

Anime News: Mobile Suit Gundam writer Yamamoto helms original anime project

 

RocketNews 24:

 

Mobile Suit Gundam writer Yamamoto helms original anime project

 

A private organization called “GDW Project” opened Twitter account and a Facebook page on Thursday introducing an original anime project from scriptwriter Yu Yamamoto (Mobile Suit Gundam). The anime is related to the J9 anime trilogy, which aired in the early 80′s, and is titled Ginga Jinpū Jinraiger.

The original J9 trilogy included Ginga Senpū Braiger (1981-1982), Ginga Reppū Baxingar (1982-1983), and Ginga Shippū Sasuraiger (1983-1984). Enoki Films licensed the series in English as Cosmo RangerCosmo Runner, and Wonder Six, respectively. Yamamoto wrote the original story for all three.

As the representative of GDW Project, Yamamoto posted a message to the Facebook page, stating that the new series will have a “J9 taste” but include entirely new characters and story. The previous series each adopted a different motif: the HissatsuSeries for Braiger, the Shinsengumi for Baxingar, and Around the World in 80 Days forSasuraiger. Similarly, Ginga Jinpū Jinraiger will use the Chinese classic novel Water Margin as its motif.

Yamamoto also stated that one of the goals of the project is to revive the “original anime” in an age where it’s more common to base anime off of manga, which is bad for anime scriptwriters. For this reason, he has started a “Practice Anime School” to train several new talents for the next generation of anime scriptwriters, using Ginga Jinpū Jinraiger as the teaching material.

The project details will be announced on an unspecified talk show where Yu Yamamoto and Masayuki Yamamoto, who wrote the music for the J9 Trilogy, will appear as guests.

Up-and-coming artist Kanhō Murase will be in charge of character and mecha designs for the new series.

[Via: Yaraon!Otakuma]

 

Check out this link:

Anime News: Mobile Suit Gundam writer Yamamoto helms original anime project

Link

Official Chinese newspaper People’s Daily gets punk’d, posts image of fake ‘nuclear-mutated’ giant squid

Shanghaiist: 

giant-squidmain2.jpg

The People’s Daily has, once again, demonstrated its knack for stellar fact-checking by reporting on its Facebook timeline that a 160-foot squid, mutated by the radioactivity of the waters near Japan’s Fukushima Nuclear Power Plant, has washed shore in California. The image is fake.

This was a screen-shot of the image from when it was originally posted:

Peoples-Daily-giant-squid.jpg

According to China’s official newspaper of record, the grotesque and enormous squid is the second such deformed sea creature to have been discovered on California’s shores in recent months. The People’s Daily also mentions that, “scientists suspect their gigantic size is caused by the genetic mutations that triggered uncontrolled growth-or ‘radioactive gigantism.’

Unfortunately, this is another instance of irony and sarcasm lost in translation, and the People’s Daily likely picked-up on this bit of freakish “news” from the The Lightly Braised Turnip’s satirical article, “Second Giant Sea Creature Washes Ashore Along Santa Monica Coastline-Alarms Sounds Over Radioactive Gigantism.

As you can see, the description has by now been edited (thank god for the new face-saving features of Facebook):

giant-squidcap.jpg