Private equity firm plans new city in California – NYT ...News

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The newspaper has named the venture capitalists and tech executives behind a secretive $800 million land buy A group of venture capitalists, tech investors and other Silicon Valley elites led by a Goldman Sachs banker plans to build a futuristic megacity in rural Solano County, California, the New York Times reported on Friday. The paper named some of the individuals behind a massive land buy for the project that has puzzled and alarmed residents for years.  Former investment banker Jan Sramek, operating under the name Flannery Associates, has been lining up big-name investors like LinkedIn co-founder Reid Hoffman

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