Boats and Yachts

Blueseed: The world’s first floating startup community is all about innovation

Andrea Divirgilio / May 9, 2012

Blueseed, a company started by Max Marty and Dario Mutabdzija backed by venture capitalist and PayPal co-founder Peter Thiel, made an ambitious announcement last year to build a floating technology fortress where the world’s boldest, brightest and most talented tech-entrepreneurs and visionaries can gather and collaborate, right next to Silicon Valley without actually setting foot on United States soil. Now, the world’s first floating and Silicon Valley’s visa-free offshore startup community is gaining steam as Blueseed has officially announced that it will set sail before 2014, and nearly 150 technology startups have shown their interest in building business on the high seas. However, it’s of no surprise to see Peter Thiel, an angle investor to successful startups like Facebook and PayPal, funding for Blueseed, as he has already funded for floating islands, a venture by Seasteading Institute, which will make small nations that will float freely in the waters of ocean, and wouldn’t have the law of any other nations applied on them.

Blueseed concept vessel

The main idea behind Blueseed is to get around government’s immigration choke-hold, and to provide a visa-free space where the entrepreneurs from around the world can create technology companies by utilizing the Silicon Valley resources, that too without having to deal with the troublesome process of obtaining a U.S. work visa. This much-discussed startup plans to sail the entrepreneurs 12-miles off the Northern California shore, into international waters, outside the jurisdiction of the United States. Once there, the foreign innovators will only be governed by loosely enforced maritime treaties, allowing them to ply their tech-trade without worrying about U.S. worker visas or other related immigration regulations.

Blueseed concept vessel

Rent aboard the ship will cost anything around $1,600 per month along with the equity stakes that Blueseed takes in resident business. Regardless of your nationality, one can legally earn an income on your startup while being on the Blueseed vessel.

Additionally, according to Blueseed’s recent survey, 25% of the people are considering this program as it provides an alternate to having to get U.S. worker visa. Yet, surprisingly 21% said U.S. work visa are not important, and at the same time, 53% respondents described the environment on the ship as their reason of interest, and 27% said the ‘coolness factor’ and the ability to drive press and fame interests them.

Blueseed concept vessel

The Blueseed’s concept vessels, however, looks similar to other slightly more feasible floating residential concepts and yacht islands we have earlier seen, including the Tropical Island Paradise superyacht and the Project Utopia island yacht, to name a few.

Via: Blueseed / BGR / Popsci

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