The mystery company that bought up nearly $1 billion worth of land near an Air Force base in California is being backed by several Silicon Valley titans.
Some of the Valley’s most notable names include Marc Andreessen, Laurene Powell Jobs and Michael Moritz, who are hoping to transform tens of thousands of acres, located in a corner of the San Francisco Bay, into a bustling city, according to the New York Times.
The pitch notes that it “could generate thousands of jobs and be as walkable as Paris or the West Village in New York City.”
Moritz noted in the 2017 thesis obtained by the outlet the exact layout, including the design-to-construction planning to new forms of governance.
“Let me know if this tickles your fancy,” Moritz wrote, adding that their decision to build this new city hinges on “bad California policies.”