The floating city

A while back we featured the ambitions of Paypal co-founder Peter Thiel to create a government-free floating island utopia, and it seems that he didn’t set his sights too high.

Peter Thiel is inching closer towards realizing his dream of creating a government-free floating island utopia for tech startups off the coast of San Francisco. When last we feature the story Thiel and his cohort, former Google engineer and seasteading activist Patri Friedman, the idea was little more than a libertarian speech with some artist's renderings attached.

Now, riding a wave of investment capital from Thiel, the project has a website, a course to set sail, and a lineup of nearly 100 international technology companies that are ready to literally get onboard.

The project, which is now called Blueseed, is led by a team of execs plucked from Thiel's Seasteading Institute. Although the original plans for the floating tech village looked something like a fancy oil rig from the future, the latest plan is to either convert a cruise ship or remodel an old barge into a swanky island anchored just outside the jurisdiction of the United States.

Blueseed hopes to have room for around 1,000 inhabitants in the live/work cruise ship of their dreams, with all-inclusive rent estimated at about $1,200 to $3,000 per month, The company hopes to run twice-daily ferries from Half Moon Bay.

The primary goal of the new island nation is to allow international entrepreneurs a chance to get close to Silicon Valley's white-hot startup scene without all the messy paperwork involved in actually obtaining a work visa. According to Blueseed's own research, deportation of foreigners with Master's Degrees or Ph.Ds in Computer Science is becoming a real problem in the United States. Australian programmers, for example, are apparently excited about the plan, making up about 6% of the demand for onboard space.

One pressing concern still remains though: "What about pirates?" asks the company's FAQ. According to Blueseed's pirate expert, "they don't exist near California to begin with." We'll see if that holds true once someone with crabbing ship and a handful of black market assault rifles figures out there's a boat with free WiFi and 1,000 unattended MacBooks floating out there.

  Comment on this Article


Post to my facebook wall
Characters remaining

  • Adriaan Grove - posted 11 May 2012 10:26 AM                                    

    awesome.. 'floating your startup' or 'sinking startup' can now literary make more sense.

Latest Property News
  • 21 Nov 2017
    The buying process is over, and the moving truck has delivered your household goods to your new property. Now it’s time to unpack and turn your new house into a home.
  • 21 Nov 2017
    When an offer to purchase a property is signed by both buyer and seller, this constitutes a binding agreement or “Deed of Sale” between the two parties. However, in most cases the “standard contract” might not be enough to cover all the specifics pertaining to the sale. The agreement may require some additions or alterations to clauses, which needs an expert hand in the drafting of such
  • 21 Nov 2017
    As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
  • 20 Nov 2017
    Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
  • 20 Nov 2017
    Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
  • 20 Nov 2017
    Property valued at approximately R1 billion is on High Street Auctions’ sales floor during the month of November, including the much-anticipated sale of the Tshwane Mayoral Residence and the land occupied by one of South Africa’s oldest operating gold mines.
  • 17 Nov 2017
    FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
  • 17 Nov 2017
    It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
Subscribe to the MyProperty Newsletter

Last Name  
Email Address  
Email Frequency
Share this Page

For Sale Property
Rental Property
More Options
Connect with us