Who runs California Forever? What role do investors have in California Forever? Are any of them foreign?

Tue Jul 16 2024

California Forever is run by our Founder & CEO, Jan Sramek, and the management team. Jan Sramek and all members of our management team are American citizens.

The investors in the California Forever project are passive investors without daily involvement in the project. These are individuals and institutions who believe California’s best days are ahead of it and want to double down on the state and region. This is a long-term investment that doesn’t expect to pay dividends or distributions for decades.

Approximately 97% of our capital comes from U.S. investors. The remaining 3% comes from Patrick and John Collison (Irish), Charles Songhurst (British), and Thomas Mather (Irish/South African). Our investors include Marc Andreessen, Patrick and John Collison, Chris Dixon, John Doerr, Nat Friedman, Daniel Gross, Reid Hoffman, Michael Moritz, Laurene Powell Jobs, and the California investment firm Andreessen Horowitz.

With less than 3% of investment from foreign investors, we have far lower foreign ownership than the average large US company, since on average, foreign investors own up to 40% of US corporate equity.

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