CNET News - Floating city of entrepreneurs aims to drop anchor
CNET News - Floating city of entrepreneurs aims to drop anchor
2012-07-03
Half Moon Bay California in the
not-too-distant future this sleepy
coastal town could become the main port
of entry for a ship housing thousands of
foreign-born tech workers co-founder max
marty started the blue seed project as a
way to help foreign entrepreneurs
circumvent visa issues there is no
entrepreneurial visa and I thought that
was a terrible problem so Marty and his
team decided to turn a cruise ship into
a floating office park for up to 1,800
foreign entrepreneurs so we're
projecting an average rent of about
sixteen hundred dollars per person per
month includes rent for living and
office space the ferry service is back
and forth will be about twenty to thirty
dollars a leg 12 nautical miles behind
me out to sea is where the blue seed
cruise ship would drop anchor that's
just far enough off the coast to be in
international waters and under the law
of whatever country's flag the ship ends
up flying so far blue seed has raised
about $100,000 a fraction of the
necessary tens of millions of dollars
they're asking for but it's not just the
investing community who is skeptical I
mean the whole concept of floating city
just sort of inherently seems
far-fetched it has an appeal but I don't
think as an economic model it's as
viable as it would be on land honestly I
think it's a pipe dream even though I
wanted to be real I mean it's there's so
many hurdles here skeptics aside
blueseed says over 250 companies have
expressed interest in claiming half the
beds aboard
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