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Silicon Valley Billionaires Bankroll 52,000-Acre Land Acquisition for Futuristic City
A mystery company financially fueled by Silicon Valley bigwigs has procured a staggering 52,000 acres around a Travis Air Force Base with the idea of crafting their own utopian city near San Francisco. Good old San Fran, the beacon of flawless governance, inspires them; so, what could possibly go wrong? With over $800 million spent on this ambitious land grab, the city-to-be promises to be a paradise, complete with green initiatives and—get this—no police! Led by Jan Shramek, a 36-year-old ex-Goldman Sachs trader (because when we think good governance, we think Wall Street), the company named Flannery Associates is embroiled in lawsuits claiming they overpaid for the land. Shocking! The landowners apparently had the audacity to raise their prices when a billionaire-backed company came knocking. Ah, free market, you never cease to amaze.
Here's the kicker: while these tech geniuses plan their "affordable" city with median housing costs that could only be described as laughably expensive, they also promise it'll be a haven for tech and non-tech folks alike. Brilliant! It's as if they're playing real-life SimCity, but instead of a computer crashing, it's your life savings. How will this modern-day utopia work out? Well, considering the investors include tech royalty like Mark Andreessen, Laureen Powell Jobs, and LinkedIn co-founder Reed Hoffman, it'll either be the most exclusive place on Earth or the most monumental display of what money shouldn’t buy. Stay tuned.
#SiliconValleyUtopia #LandOfTheFreeMarket #PieInTheSkyDreams
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