By

Jen Haley /

CBS News/ July 4, 2012, 5:45 AM

Blueseed hopes to anchor floating metropolis for tech startups off Calif. coast

This story originally appeared on CBSNews.com's sister site, CNET.com

(CNET) - Imagine a floating city of entrepreneurs; a veritable Googleplex of the sea. That's the vision behind Blueseed, a San Francisco startup.

The company plans to deploy a cruise ship 12 nautical miles from Silicon Valley -- in international waters -- and convert it into a metropolis of floating offices so foreign workers can launch their companies without obtaining work visas.

Despite a number of bills currently in Congress that aim to expand immigrant work visas, "there is no entrepreneurial visa," says co-founder Max Marty. "I think that's a terrible problem."

The answer, according to Marty and his team, is to take to the high seas.

So what will this startup metropolis look like?

The ship will have pools, massage areas, gyms, rock climbing walls, and indoor soccer fields according to Marty. His model is very Google-esque--the fostering of creativity through colors, aesthetics, and food.

"Those elements are the same sort of thing we're bringing to this workspace," he says.

But unlike the Googleplex, where employees can actually walk out the door, entrepreneurs must take a ferry (or helicopter) to the mainland. Right now Marty is anticipating twice daily ferry service costing up to $30 a ride.

Marty says over 250 companies have expressed interest in coming aboard the vessel, where standard cabins cost $1,600 a month.

However, the challenges to Blueseed are many. There are steep regulatory hurdles and immigration and maritime laws to contend with. Beyond that, there are social elements to consider.

"The average entrepreneur is 39 years of age," says Vivek Wadhwa, a fellow at Stanford Law School. "The average entrepreneur has a family. They're going to move them out to a ship? If they do, what are the kids going to do? Go to school?"

Wadhwa's vision of a floating Googleplex is decidedly more comical.

"Think about it...a thousand nerds on a boat by themselves," he says, "You're going to go crazy over there. You could do a reality show."

The sobering side of Blueseed is that people are so desperate to come here and start companies that they'll go on a ship, says Wadhwa.

And despite how grandiose our images are of this international floating tech incubator, for some people it highlights an even darker reality.

"This uncovers a pessimism of what our government can do to solve these problems," says Patrick Gallagher, an audience member at a recent Commonwealth Club event where Marty was part of a panel discussion. "Instead of working through those channels or working to make change, the thought is... let's create a ship out in the ocean and create our own society. It seems like giving up."

© 2012 CBS Interactive Inc. All Rights Reserved.
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    Jen Haley is a senior producer at CNET in San Francisco where she directs the news video team. She was a business news producer at CNN in New York for more than a decade and received the Knight-Bagehot Fellowship at Columbia Business School.

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hypnotoad72 says:
"The average entrepreneur is 39 years of age," says Vivek Wadhwa, a fellow at Stanford Law School. "The average entrepreneur has a family. They're going to move them out to a ship? If they do, what are the kids going to do? Go to school?"
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Yawn. I've read the same flapdoodle from politicians that say they have families when they vote themselves pay increases, right after voting on bills that whittle down working class peoples' wages.

And if the USS Enterprise 1701-D can host families, so can a big biodomed ship.
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nojoy01 says:
"This uncovers a pessimism of what our government can do to solve these problems," says Patrick Gallagher, an audience member at a recent Commonwealth Club event where Marty was part of a panel discussion. "Instead of working through those channels or working to make change, the thought is... let's create a ship out in the ocean and create our own society. It seems like giving up."
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No, it is not "giving up". It's actually entrepreneur's seeking to cash in & make money off of, wait for it, entrepreneur's. :)
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hypnotoad72 replies:
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:)
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dandv says:
Almost any question/objection one might have about Blueseed is answered in the FAQ at http://www.blueseed.co/faq.html

Mr. Wadhwa's comment that "the average entrepreneur is 39 years of age" points to his own research with the Kaufman Foundation showing that "average age of U.S.-born technology founders when they started their companies was 39", which is misleading for a number of reasons:

1. 70% of Blueseed's entrepreneurs, come from outside of the US. Further, these founders self-select, and older entrepreneurs (around their 40s) are much less likely to want to leave their country and come live on a ship.

2. Mr. Wadhwa's study was done on relatively large companies, established before 2005.

A much better study to quote is the one done by the Founder Institute, on entrepreneurs who applies to a startup incubator (which Blueseed is). Their ages? 62% are 29 or under.

More at http://techcrunch.com/2011/05/28/peak-age-entrepreneurship/
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hypnotoad72 replies:
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*zing*