California Pizza Kitchen founder says California has become too difficult for entrepreneurs

California Pizza Kitchen co-founder Rick Rosenfield criticizes California's current business environment, stating he would prefer to open in Florida today due to factors like high regulation, rising costs, and minimum wage laws. He highlights that California's business climate has deteriorated since the restaurant chain's founding, with companies like Chevron, Oracle, and Tesla relocating headquarters, and notes the ripple effects of a $20/hour fast-food minimum wage on restaurant margins.