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Y Combinator, the startup accelerator and investment firm that helped produce Airbnb, Dropbox, and Instacart, is embarking on a creation project arguably more ambitious than any company.
"We want to build cities," wrote Y Combinator partner Adora Cheung and President Sam Altman...the project aims to develop ways to reduce housing expenses by 90 percent and to develop a city code of laws simple enough to fit on 100 pages of text. Eventually the plan is to actually produce a prototype city.
— Bloomberg
"We’re not trying to build a utopia for techies," says Cheung, the project’s director and the former CEO of failed housecleaning startup Homejoy. "This is a city for humans."For more news from Silicon Valley, check out these links:Silicon Valley campuses at risk as sea levels riseSilicon... View full entry
