City of Telosa is a startup with the slogan "Creating a more equitable and sustainable future." Founded in 2021, the company, led by serial entrepreneur and investor Marc Lore, aims to address the flaws in capitalism that contribute to income and wealth inequality. Inspired by the book "Progress and Poverty" by Henry George, the startup focuses on the concept of land ownership and its impact on wealth distribution. The proposed solution involves community endowment as the owner of the land, with land appreciation being reinvested back into the community. Additionally, the company envisions creating the most sustainable city in the world, serving as a model for urban living that emphasizes opportunity, diversity, and inclusion. The innovative approach of City of Telosa has the potential to pioneer a new economic model, termed as Equitism, with the aspiration to have a global impact. The startup operates in the Government and Military sector and is currently in the process of building a diverse team of experts to bring this vision to reality.
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