A utopian village for tech entrepreneurs in downtown Las Vegas is turning out to be not so utopian. Tony Hsieh, the enigmatic CEO of Zappos, put up $350 million last year to buy and develop about 60 acres of property in downtown Vegas. It’s called the Downtown Project. It’s a community for tech entrepreneurs complete with a school, communal living quarters, bars and restaurants. But now it’s being reported that there are big problems with the Downtown Project... and it might be on the verge of collapsing.
Downtown Utopia Hits A Snag
Credits
Guest:
- Nellie Bowles - covers tech and internet culture from San Francisco for The New York Times - @NellieBowles