last year, era According to reports, a group of Silicon Valley investors (including LinkedIn co-founder Reid Hoffman, Andreessen Horowitz investors Marc Andreessen and Chris Dixon, former GitHub CEO Nat Friedman and Emerson Collective founder Laurene Powell Jobs) have secretly bought hundreds of millions of dollars worth of Fund farmland in Solano County to build your own city.
The project is being spearheaded by former Goldman Sachs trader Jan Sramek, and the company applied for permission to develop the land just months after its plans were announced. The process typically takes years and “estimates that the entire project will require tens of billions of dollars in infrastructure investment,” according to a study commissioned by Solano County, which cautioned that details about the development remain so vague that it’s unclear It is difficult to assess its full impact.”reported era.
Sramek said in his own statement that “…doing the environmental impact report first will not affect the overall timeline, it is just a rearrangement of steps” and plans to resubmit the requirement in 2026. Said, “The daydream of California’s eternity has been permanently frozen.”
