They wanted to move fast and build things. Instead, they’ll have to tread carefully and negotiate. Last month, California Forever, the company behind a plan to build a city of 400,000 people on the fringes of the Bay Area, pulled its referendum from the November ballot in Solano County. The project, funded by a who’s who of tech billionaires, was probably forced to pull its initiative by necessity. Polling suggested the measure would lose in a landslide. Instead, the developer will...
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