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The next big restaurant chain may not own any kitchens

TechCrunch LA

Investors are pouring millions into the creation of a network of shared kitchens, storage facilities, and pickup counters that established chains and new food entrepreneurs can access to cut down on overhead and quickly spin up new concepts in fast food and casual dining. On-demand food startup Sprig is shutting down today.

Startup 279
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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Rents have increased by just 2% across Los Angeles over the same time period, he says. Entrepreneurs love being around other entrepreneurs, and thats driving demand toward the beach," says Mr. Miller. about twice a month—often enough that he bought a house in west Los Angeles this year. "I Thank you !