The Morning FounderSoutheast Asian business history, daily

Sriracha / David Tran

Watercolour illustration for Sriracha / David Tran
Watercolour · The Morning Founder

The best marketing strategy is no marketing strategy.

A few weeks ago I wrote about Lao Gan Ma — an illiterate widow who built a billion-dollar chili sauce empire with zero marketing.

A lot of you said: "How is that even possible?"

Turns out she's not the only one.

There's a green-capped bottle with a rooster on it sitting in 1 out of 10 American households right now. $150 million a year in revenue. Also zero marketing. Ever.

The guy who made it was a Vietnamese war refugee.

In 1978, David Tran was an ethnic Chinese man in post-war Vietnam. When the government started persecuting Chinese communities, he crammed onto a cargo freighter called the Huey Fong with 3,000 other refugees. He hid 100 ounces of gold inside cans of condensed milk.

Six months in a Hong Kong refugee camp. Then America. January 1980. Los Angeles.

Within a month, he was selling chili sauce out of a blue Chevy van. Recycled baby food jars. First month: $2,300.

He named the company Huy Fong — after the boat that carried him out. The rooster on the bottle? His zodiac sign.

But here's where it gets interesting.

In 45 years, Huy Fong Foods has spent exactly zero dollars on marketing. No ads. No sales team. No sponsorships. Nothing.

$150 million a year in revenue. Zero marketing budget.

When competitors started making their own "sriracha" sauces, his lawyers told him to sue. Tran said no. He called them "free advertising."

He never trademarked the name. Never raised his wholesale prices. Never took outside investment.

His words: "I don't make hot sauce for money. I make money for hot sauce."

A rich man's sauce at a poor man's price. That's how he describes it.

Today, 1 in 10 American households has a bottle. Forbes estimates his net worth at $1.2 billion. He still owns 100% of the company.

Here's the thing that keeps coming back to me:

Every founder I know obsesses over marketing. Growth hacking. Paid acquisition. Brand strategy.

David Tran — a refugee who arrived with gold hidden in condensed milk cans — built a billion-dollar brand by ignoring all of it.

He put every dollar into the sauce. Not the story. Not the brand. The sauce.

Sometimes the best marketing strategy is no marketing strategy. Make something so good that people can't shut up about it.

What product do you keep buying that you've never seen an ad for?

This is the LinkedIn edit — written to fit inside 3,000 characters. Newer stories are written in full first, and the newsletter gets the whole thing.