Silo Valley investors say mystery city is retro

Silo Valley investors say mystery city is retro

The Silicon Valley investors who got the government's attention by goingbbling up $800 million worth of land outside San Francisco say the mystery city they plan on building is, well... kinda retro.

We built cities and towns in some places so much wisdom in how we built them over the last hundreds of thousands of years. And so from the beginning, we've believed that you go back to go forward,' said Jan Sramek, founder and CEO of California Forever.

In August that - a 36-year-old former Goldman Sachs trader - and a group of some of the most recognizable names of tech, including Marc Andreessen, Laurene Powell Jobs, of Sequoia Capital, and LinkedIn cofounder, together funded a new company called Flannery Associates, which bought about a quarter of Travis Air Force Base in rural Solano County, north east of the Bay Area.

Critics, including Fairfield mayor Catherine Moy, said developing on some of the limited remaining agricultural land in California is 'not a good idea'.

s My suggestion: these billionaires take their billions of dollars and go back down to Silicon Valley and build high-rise apartments there that are low income, so that their employees can work and live in the same area, he said.

The people of Silicon Valley, including Elon Musk and Brianna Adler, have long held visions of their own'smart cities' meant to serve as tech-forward utopias for their residents.

Musk bought a town outside of Austin, Texas, last year to build a town he intends to call for his company employees to live in.

The sustainability and vision of such ever-expanding projects are uncertain among those who live near existing Boring Company and SpaceX developments in Bastrop County, particularly by Chap Ambrose, a computer programmer.