[alephnerd]

And they aren't even Asian owned. It's the family that own's Zabar's in Upper West Side that runs Momofuku. It's wannabe Asian food for Ang Mohs

Laoganma and 菜花香 豉香朝天椒 are cheaper and tastier

https://www.fastcompany.com/90945101/momofuku-ceo-marguerite...

[kristjansson]

I won’t contest laoganma, but I’m pretty sure Chang still maintains ownership, and Mariscal is just the CEO?

[alephnerd]

> Chang still maintains ownership

Based on their past couple rounds with Siddhi and ACG I'd doubt he has majority ownership given the margins and financing terms for FMCG.

[user-]

Can you please expand especially with the acronyms? I'm eating some momofuku right now but I don't know their corporate lore