Why Tech Billionaires Want to Build a City HERE

Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://clickhubspot.com/s9h 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