Core Memory

Can California Ever Build Again? - EP 34 Jan Sramek

66 snips
Sep 17, 2025
Jan Sramek, the visionary founder of California Forever, shares his ambitious plan to create a new city in Solano County. He invested $1 billion to acquire 68,000 acres for a community of 400,000 people, aiming to address California's housing crisis and revive local manufacturing. Jan reflects on his Czech roots and the cultural shocks he faced, explaining how that inspired his commitment. He reveals the challenges of land assembly and the political hurdles encountered, while championing the need for re-industrialization and onshoring in the state.
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INSIGHT

Buy Optionality, Not Just Land

  • Jan intentionally bought large, strategic land without fully defining uses to preserve long-term optionality over decades.
  • That flexibility allowed the plan to adapt to emerging needs like shipbuilding years after purchase.
ANECDOTE

Fishing Trip That Found Solano

  • Jan first noticed Solano County while fishing near Rio Vista and saw expansive grazing land with long commutes to Silicon Valley.
  • A fishing guide's story about a partner leaving at 4 a.m. convinced him the region needed local jobs.
ADVICE

Prove It Before You Pitch At Scale

  • When investors initially rejected the idea, Jan used personal capital and debt to buy key parcels and run feasibility studies.
  • He then used those studies to credibly raise the broader round and attract high-profile backers.
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