Why Tech Billionaires Want to Build a City HERE
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Since 2018, land in Solano County, California, has quietly been getting purchased by Flannery Associates LLC — a company that, until recently, no one had heard of. Backed by notable tech founders like LinkedIn’s Reid Hoffman and VCs like Sequoia Capital’s Michael Moritz, Flannery has spent ~$900m acquiring tens of thousands of acres for a project called California Forever — “a new community in East Solano,” according to the project’s website. But why would some of the wealthiest names in tech want to invest in developing a stretch of farmland in Northern California not far from the already-developed Silicon Valley? The Hustle’s Noelle Medina traveled to the California Forever project site to find out.
Sources:
- The New York Times
- Business Insider
- LinkedIn
- McKinsey and Co.
- California Business Journal
- New York Magazine
- ABC10
- CBS News
- SITELAB urban studio
- CMG
- RentCafe
- Solano Together
- California Forever
- The Union Democrat
- Forbes
- CalMatters
- Getty Images
- ABC7 News
- CBS Sacramento
- Mercury News
- Google Earth
- Cityoftelosa.com
- The Seasteading Institute
- Thesis Driven
Since 2018, land in Solano County, California, has quietly been getting purchased by Flannery Associates LLC — a company that, until recently, no one had heard of. Backed by notable tech founders like LinkedIn’s Reid Hoffman and VCs like Sequoia Capital’s Michael Moritz, Flannery has spent ~$900m acquiring tens of thousands of acres for a project called California Forever — “a new community in East Solano,” according to the project’s website. But why would some of the wealthiest names in tech want to invest in developing a stretch of farmland in Northern California not far from the already-developed Silicon Valley? The Hustle’s Noelle Medina traveled to the California Forever project site to find out.
Sources:
- The New York Times
- Business Insider
- McKinsey and Co.
- California Business Journal
- New York Magazine
- ABC10
- CBS News
- SITELAB urban studio
- CMG
- RentCafe
- Solano Together
- California Forever
- The Union Democrat
- Forbes
- CalMatters
- Getty Images
- ABC7 News
- CBS Sacramento
- Mercury News
- Google Earth
- Cityoftelosa.com
- The Seasteading Institute
- Thesis Driven
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در تاریخ 1403/03/29 منتشر شده
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