Sylvia Chan, Steven's wife, based Tin Drum's revamped dishes on recipes from his Hong Kong family.
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It's not the typical midlife crisis for restaurateurs—to earn a master's degree in architecture from Georgia Tech with a focus on the future of retail. But that has been Steven Chan's unusual path for the last few years.
Private equity firms that buy concepts from their founders face a delicate task, said Scott Pressly of Buckhead Investment Partners, which bou…