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Yep this was a very controversial thing when it happened. They tried to squeeze the farmer who supplied all their peppers from their earliest days - why would y
by SilverElfin 8mo ago
Yep this was a very controversial thing when it happened. They tried to squeeze the farmer who supplied all their peppers from their earliest days - why would you do that unless you have no morality? And now the Huy Fong Sriracha tastes different, and Underwood’s own Sriracha is actually what tastes best.
I’m glad to hear there was a happy ending to the epic greediness and underhanded tactics of Huy Fong:
> Later, obviously, there's a lawsuit. Funnily enough, it wasn't actually Underwood who sued Huy Fong. It was Huy Fong who sued Underwood, seeking refunds for payments it had made earlier under their contracts. Underwood turned around and counterclaimed for breach of contract and fraud and a bunch of other shit. Underwood succeeded - there was a unanimous jury verdict in their favor - and got awarded about $13 million in compensatory damages, and another $10 million in punitive damages (these are only awarded where you've done something so outrageous that it's quasi-criminal; it's to deter other people from doing similar things).
- hinkley 8mo agoOn the Reddit thread it was said that underwood hasn’t quite exactly nailed the, I guess viscosity because “consistency” has other connotations and if anything they seem to be more consistent. I love that they had to buy chilis on the open market because their supplier fired the customer. Mostly because I’ve hardly ever gotten to fire a customer. Even when they really should have.
- thaumasiotes 8mo ago> I guess viscosity because “consistency” has other connotations and if anything they seem to be more consistent. You're thinking of two different words. https://www.merriam-webster.com/dictionary/consistency https://www.merriam-webster.com/dictionary/consistency Sense 1: agreement of parts or features to one another or a whole Sense 2: degree of firmness, density, or viscosity Notably, sense 1 has a related adjective, consistent, and sense 2 does not.
- ATMLOTTOBEER 8mo agohe knows. that's why he said viscosity. reread it slowly
- hinkley 8mo agoMy curse in life is the harder I try to keep from getting Well Achsually'd, the more I get Well Achsually'd.
- overfeed 8mo ago> why would you do that unless you have no morality? Since company leadership has a fiduciary duty to shareholders, profit-maxxing for shareholders is the only moral thing to do /s.
- thunderbong 8mo agoThis is s privately owned company
- overfeed 8mo agoPrivate companies also have shareholders and shares - they just don't trade publicly.
- abenga 8mo ago(Yes, I see your /s, just adding to your comment) It's weird that supposedly clever people cannot see beyond "this number goes down/up now" to "this is not immediately beneficial, but it keeps our company healthier in the long run".
- duskdozer 8mo agoIt's crazy. They kept expanding more and more already. Apparently they just weren't increasing the rate of increase enough. Now HF sauce sucks, I wasn't paying attention to this and got a bottle after this whole debacle, and it's horrible.