PayPal founder claiming plants to build one right now
May 14, 2012 at 6:29 pm #20508
Imagine living on a serene, man-made floating city where you can live and work with other like-minded individuals from all over the globe, without direct influence from any government entity. If Paypal co-founder Peter Thiel has his way, that wild idea may be just a few years away. The wealthy venture capitalist is putting his money behind Blueseed, a company that promises to create an offshore luxury barge where young entrepreneurs can work, live, and socialize, all without the constraints of a modern city — or pesky immigration laws.
The Blueseed vessel will be more of a floating city than an actual ship, and will come complete with work and living spaces, outdoor areas, and sports and leisure activities. The idea is that startups and solo entrepreneurs will leave their terrestrial lives almost completely, and call the Blueseed ship their primary home.
Entrepreneurs and startups must apply to be considered for a spot on Blueseed. If they are approved, they will pay roughly $1,600 per month to live and work on the massive barge. This price may be split between a rental payment and equity in fledgling companies with bright futures, depending on the situation.
Its close proximity to Silicon Valley — the ship will be just a half hour from the tech mecca — will make Blueseed a hot spot for visionaries not just from the U.S., but from all over the world. The ship itself will not technically be considered part of any country, so residents won’t need to apply for any type of visa in order to work and live on the vessel. According to Blueseed, over 675 individuals from over 50 countries have already expressed interest in coming aboard.May 14, 2012 at 10:00 pm #20511
Sweet. He’ll make seasteading look less like an “out there” idea and a bit more normal.
He’ll be taken far more seriously than those of us doing it on a shoestring budget.
It’ll help to inspire people to copy him with all kinds of different approaches.
That’ll help us all.
Good luck to him/them.
I wonder if I can tow my stead (maybe using a kite) over there and park beside them. Long trip though.
It’s my kinda crowd. Lots of techies. Surely I can borrow some high speed internet access too 😉June 4, 2012 at 8:39 pm #20661
I predict that they shall have a severe lack of customers, at least from the audience they are expecting of foreign entrepreneurs and business people. Since there is no market for it, U.S. economy is in the slumps, they have next to no local production of anything, and certainly not enough jobs that pay over $1,600/mth to fill a ship with foreigners.
In Silicon Valley, as demonstrated by TSI there is a disdain or distrust of foreigners,
with very little to absolutely no desire to co-operate, or distribute funds.
For instance the most dedicated seasteading forum members,
have gotten nothing except “our official policy is against everything you’ve engineered across the world i.e. submersible designs”.
They aren’t even willing to support east coasters in America, such as shredder with his concrete box.
Ya, the only potential customers, would be really rich west-coast americans, that like would like an ocean cottage.June 27, 2012 at 7:02 am #20778
Eh, $1,600 per month isn’t that bad, a lot of people are paying more than that just in rent. I’m not sure how much space you get for all that – surely it isn’t $1,600 per employee you intend to house? In any case, considering the cost of living in San Francisco, I could see this easily being competitive and a cost-saver for companies/employees, even before you consider the jurisdictional arbitrage stuff.
“Ya, the only potential customers, would be really rich west-coast americans, that like would like an ocean cottage.”
Honestly, judging from the majority of personalities at TSI, I’m sure this will be just fine with them.August 14, 2012 at 12:49 pm #20928
$1600 per employee is the average price, and will be likely for a single cabin. Office space is included.
Rent will start at $1200/person/month for a shared cabin.
For more information, please see http://blueseed.co/faqSeptember 13, 2012 at 8:58 am #21032
Thank u Spruski!! Kickin tush! Im in San Diego still making progress.September 13, 2012 at 11:31 am #21036
If TSI wants to put all their eggs in one basket thats their prerogative. Common sense says its foolish but hey, it was uncommon sense to establish the seasteading movement. Plus if my Berstead doesnt make any sense to investors outside the seasteading movement than hey it wasnt meant to be.
But at this point I not only have a great invention I have a highly detailed and lucrative business model that can draw people from far and wide. It involves a $65 million dollar investment and has the potential to spur over $80 million a year in gross revenue.
PLUS once that restaurant attraction is running, the patrons all get to experience my invention and consider buying their own Bergstead.
AND the restaurant concept can be duplicated in coastal cities all over the world. I wish the best for Blueseed but their business will be pocket change compared to my Bergstead.
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