Is an area known for its innovative ideas and entrepreneurship falling for the surrogate thing? The rising interest for setting up franchise retail stores in the Silicon Valley area such as Baskin-Robbins certainly points in that direction.
Seventy five percent of the entrepreneurs seeking to buy into a franchise formula in the San Francisco Bay Area have a background in technology, according to FranNet, a franchise consulting group.
The laid of tech workers have lost faith in the job security of big corporations and hope that there is a better future in being self-employed. "[The entrepreneurs] choose franchises because it's a proven system. They're given training and a formula for succes,'' FranNet president Joan Young told The San Jose Mercury News.
Running a franchise retail store offers some middle ground between founding a new company and old-fashioned employment. In a sense, the franchise is entrepreneurship for dummies. Is dummy-filled Silicon Valley next?
In fear of future shortage - or in preparation for its own electric car project?
New Spectre microcode patches released by Intel to fix security flaws in Skylake, Kaby Lake and Coffee Lake CPUs
But if you're running anything older you'll have to wait
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Malware has been in circulation for more than a year