Mysterious new California city backed by some of the biggest names in Silicon Valley, report says
Publishing timestamp: 2023-08-28 18:28:37
Summary
The article discusses Jan Sramek's company, Flannery Associates, which has spent over $800 million on land in California. The company aims to build an urban utopia and has attracted investors from the tech industry. However, the project is facing scrutiny from local officials and residents, and it is unclear if it will ever come to fruition due to lawsuits and regulations.
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Keywords: media, real estate, goldman sachs group inc, marc andreessen, business news, breaking news: business, san francisco, breaking news: technology, silicon valley, enterprise, technology,