Floating pirate city has tech startups keen

Tech startups are jostling for a position on a planned “floating city”

May 8, 2012
Piracy

Over 100 technology companies have expressed an interest in becoming residents of a “floating city” which will dock in international waters just outside of Silicon Valley.

The project, known as “Blueseed”, is led by PayPal co-founder Peter Thiel, and hopes to convert a cruise ship or barge into a pirate island that is able to provide living and working space to some 1,000 paying customers.

The floating city will station itself 12 nautical miles from the coast of California, and have a crew of between 200 and 300 people.

The close proximity to Silicon Valley, while being in international waters, would allow international start-ups to work closely with established technology giants, without the need for a U.S. working visa.

Blueseed is hoping to launch in the third quarter of 2012.

Read the full story at: Boy Genius Report.

Tags: Blueseed, paypal, Peter Thiel

Free Email Newsletter:
Subscribe

Shutterstock is the image partner of MyBroadband – technology images can be found here

Join the conversation

Connect with MyBB

twitterfacebookandroidappleblackberrynewsletterfeed

Poll

Do you think you are paid enough in your job?

View Results

Loading ... Loading ...

More News

Top broadband speeds in South Africa

broadband speed

South Africans are starting to enjoy broadband speeds in excess of 50Mbps, with Telkom and Vodacom recording speeds higher than 60Mbps on their commercial LTE networks

Facebook suing law firms

Facebook

Facebook is suing several law firms that represented a man who claimed he owned half of the company

Sanral’s e-toll submission welcomed

e-toll scrap

The Opposition to Urban Tolling Alliance on Monday welcomed Sanral’s decision to make a submission to the Gauteng e-tolls review panel

Nexus 6 vs Galaxy Note 4 vs iPhone 6 Plus

Nexus 6, iPhone 6 Plus, Galaxy Note 4

This is how Google’s new large-screen smartphone compares to the Note 4 and iPhone 6 Plus

Free MyBroadband Newsletter:
Subscribe
X
bool(true)