Mike Shedlock

A company named Blueseed is a year away from offering entrepreneurs an inexpensive place, near Silicon Valley, in which to develop their products.

"Blueseed will station a ship 12 nautical miles from the coast of San Francisco, in international waters. The location will allow startup entrepreneurs from anywhere in the world to start or grow their company near Silicon Valley, without the need for a U.S. work visa. The ship will be converted into a coworking and co-living space, and will have high-speed Internet access and daily transportation to the mainland via ferry boat. So far, over 1000 entrepreneurs from 60+ countries expressed interest in living on the ship."

Here is a sampling of images from their page of Concept Vessels.

Who's Going to Blueseed?

Blueseed will be welcoming 1171 entrepreneurs from 368 startups in 66 countries.

Motivation Factor

Motivation for Coming to Blueseed Not important Somewhat important Important Very important Critical
An alternative to having to get US work visas for myself or other company founders 25.80% 14.60% 16.80% 19.20% 23.60%
An alternative to having to get US work visas for my employees 27.70% 20.30% 21.20% 18.10% 12.60%
Streamlined legal and regulatory environment made with low overhead in mind 7.10% 11.00% 27.50% 29.10% 25.30%
Ease of finding talent 6.30% 14.30% 22.80% 29.70% 26.90%
Proximity to Silicon Valley's investors 3.30% 9.10% 19.80% 31.00% 36.80%
Living and working in an awesome startup- and technology- oriented space 0.30% 2.70% 10.40% 31.60% 54.90%
Coolness factor / fame / getting press 12.60% 15.40% 23.90% 22.30% 25.8

This is exceptionally cool stuff. Floating offshore hospitals and schools cannot be far off. I wish Blueseed well.

Mike "Mish" Shedlock

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.

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