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Musings on the Restaurant Business

Did you know restaurant services in the US isVietnamese cuisine blends gained its initial
a $430 Billion per year industry? Ipopularity with a loyal following among
didn't.Common sense would suggest that goodVietnamese people. The original Vung Tau
restaurants be placed in high-income areasrestaurant, a twelve-table eatery, opened in
such as Silicon Valley. Why then does1985 on San Carlos Street in San Jose, Calif.
PaloAlto - Menlo Park - Los Altos have soIn less than two years, proprietors Nhan
little to offer? After all, the populationHuynh and Anthony Le moved the restaurant to
here eats out a lot, and with theits current location at 535 East Santa Clara
tech-generated wealth in the hands ofStreet, and went from serving 32 guests to
relatively younger people, the demand is150.The family opened a second Vung Tau
certainly there.Here are some San Franciscorestaurant in Milpitas, Calif. in 1996, and
restaurants that I would like to see in thefour years after that, opened a third Vung
valley:-Thep Phenom : A wonderful ThaiTau in Newark, Calif. Tamarine, the family's
restaurant in the Haight-Ashbury district offirst contemporary Vietnamese restaurant in
the  city,  on  Fillmore  Street.Palo Alto is run by proprieter Anne Le (the
prodigal daughter), and chef Tammy Huynh.The
-Chez Nous : A French-Mediterrenean fusionLe family and the Vung Tau group offer a
restaurant, also on the Fillmore, but furthergreat example to follow for the likes of Thep
up North in Pacific Heights.Of course, givenPhenom. Chez Nous and Pakwan are both on
the Stanford student population, some cheaperexpansion paths. Pakwan has chosen Fremont as
alternatives could also be great to havethe place to go after the city. Makes sense,
around. Pakwan is perhaps the bestbecause of the density of Indians. They could
Pakistani-Indian restaurant in the Bay Area,also go the Tamarine route, and open a
but is conspicuously absent from the valley.classier version in Silicon Valley, rather
In the cheap-eats category, this would be mythan the dives they currently have.And if you
pick.In the last couple of years, a few goodhave spare capital, and want to buy a
additions have happened to the restaurantpromising restaurant concept, all of these
scene in Palo Alto, Coupa Cafe being ahave their basic right.Great food, I
notable and very successful example. We weremean.Silicon Valley Entrepreneur and Strategy
at a dinner party this week with the owners,Consultant Sramana Mitra writes about
Nancy and Jean-Paul, and listened to theirEntrepreneurship, Business Strategy, Emerging
plans for a new Coupa Cafe on North CanonTechnology, Market Moves, and sundry other
Drive in Beverly Hills. These are ambitioustopics in her Blog "Sramana Mitra on
entrepreneurs.Another successful one isStrategy".
Tamarine from The Vung Tau Group. The group's



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