VentureConnect 2012 – Pitch by Blue Seed
Blueseed is a Silicon Valley startup working on launching a cruise ship 22 kilometers from the coast of Silicon Valley, in international waters outside the jurisdiction of the United States. The location will allow entrepreneurs from around the world to start or scale their companies without the need for US work visas. They will work on the ship, flagged in The Bahamas, and will be able to travel to the mainland using easier-to-obtain business/tourist visas. The revenue model consists of residential and commercial rent, equity in each startup onboard, event space rental, and proceeds from TV shows, educational seminars and other media activities that will take place on the ship.
To date, 850 entrepreneurs from 245 startups in 50 countries have expressed interest in locating their startups on the ship. The project has received wide media coverage in the American an international press, from Associated Press and BBC to TechCrunch, USA Today, Financial Times, The Economist, La Tribune, El Pais, and Reuters.
Blueseed is co-founded by a Romanian entrepreneur (Dan Dascalescu, who will be attending VentureConnect) and two American partners.