Silicon Valley Titans Unveiled as Buyers of $800M Land for Utopian City
Flannery Associates, backed by Silicon Valley investors including Michael Moritz, Reid Hoffman, and Laurene Powell Jobs, has purchased $800 million worth of land in northern California to build a utopian city focused on clean energy and sustainable living. The project aims to offer reliable public transportation and urban amenities. However, the group faces challenges including lawsuits from farmers who sold their land, obtaining approval from local and state officials, and navigating environmental and zoning obstacles.