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International entrepreneurs in
international waters
Table of contents
1. There's no startup place like Silicon Valley
2. But there’s no U.S. entrepreneur visa
3. Blueseed’s novel win-win solution
4. What will we offer?
1. Cost of living
2. Visas
3. Questions
5. How can you help?
What’s the best place on Earth
for a startup entrepreneur?
Silicon Valley? Keep readingTell me
more
Skip next 6
slides
Of course
R
E
A
S
O
N
Silicon Valley is the best place for
startups – a unique combination of:
Ideas Capital Culture
R
E
A
S
O
N
Silicon Valley is the best place for startups
Ideas – US is #1 place to file patents
Source: WIPO - http://www.wipo.int/ipstats/en/statistics/patents/
R
E
A
S
O
N
0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000
Germany
Russian Federation
China
European Patent Office
Republic of Korea
Japan
US
Patents by office, 1995-2010
Ideas – Silicon Valley is #1 U.S. area
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
San Francisco Bay
Area
New York-
Northern New
Jersey-Long Island
Los Angeles-Long
Beach-Santa Ana,
CA
Boston-
Cambridge-Quincy,
MA-NH
Top U.S. regions by number of
US Patent & Trademark Office patents, 2006-2010
Source: http://www.uspto.gov/web/offices/ac/ido/oeip/taf/cls_cbsa/allcbsa_gd.htm
R
E
A
S
O
N
$0.10
$0.20
$0.70
$0.47
$1.40
$7.70
Canada
India
China
Israel
Europe
US
$0.00 $1.00 $2.00 $3.00 $4.00 $5.00 $6.00 $7.00 $8.00 $9.00
Venture capital investment (US$b)
Capital – US is the #1 region
R
E
A
S
O
N
Source: Ernst & Young - Global quarterly venture capital investment by geography, 2Q’2010
Sacramento/N.Cal
South Central
Upstate NY
North Central
Philadelphia Metro
SouthWest
Colorado
Northwest
San Diego
DC/Metroplex
Southeast
Midwest
Texas
LA/Orange County
NY Metro
New England
Silicon Valley
US venture capital investments by region, 2011
Capital – Silicon Valley is #1 area
R
E
A
S
O
N
41.0%
11.2%
9.5%
6.8%
5.2%
5.2%
3.7%
3.5%
3.1%
2.7%
2.2%
1.9%
1.7%
1.3%
0.4%
0.4%
0.2%
% of total
$11930M
$3248M
$2771M
$1986M
$1527M
$1504M
$1091M
$1019M
$892M
$781M
$627M
$565M
$485M
$382M
$119M
$115M
$67M
Amount
Source: PricewaterhouseCoopers National
Venture Capital Association MoneyTree Report,
Regional Aggregate Data 2011
http://bit.ly/PWCMoneyTree2011
Culture – Silicon Valley is unique
Risk taking It’s OK to fail Engineering
tradition
World class
universities
Cultural
diversity
R
E
A
S
O
N
So you want to come to
Silicon Valley…
P
R
O
B
L
E
M
But you are a foreigner!
“There simply are no US visas
available for entrepreneurs”
-- American Immigration Lawyers Association,
March 2012
PROBLEM
Source: http://www.youtube.com/watch?v=FLCYfhZEFb8#t=3m15s
Visa type
Can
work?
Can self-
employ?
Expires Restrictions
B1/B2 Business,
Tourist or Waiver
✗ ✗
<6 mo/yr in
U.S.
Can’t earn income
But can travel!
E-2
Treaty Investor,
or Employee of
✓ ✓ 2+2+2… yrs
Not for India, Brazil, Russia, China
“substantial” investment (~$100K)
must own 50%+ of the business
can’t convert to Green Card
EB-5 Investor ✓ ✓ Never Must invest $1M+ and create 10 jobs
H1-B
Skilled worker
✓ ✗ 3+3 yrs
If laid off, must find new sponsor
ASAP – there is no grace period
Cap at 65,000 per year
L-1
Intra-company
Transfer
✓ ✗ 3 yrs
Must have worked at foreign
branch for 1+ years
No U.S. visas for entrepreneurs
Inadequate existing alternatives:
P
R
O
B
L
E
M
No
progress
in U.S.
Congress
on
Startup
Visa Acts
• Startup Visa (Mar ‘11) - died
• Startup Act (Jun ‘11) - died
• IDEA Act (Dec ‘11) - died
• Startup Act 2.0 (May ‘12) - died
• Startup Act 3.0 – 2% chance
• Comprehensive Immigration
Reform – opposed by House
Political solutions?
Source: GovTrack.us - http://www.wipo.int/ipstats/en/statistics/patents/
P
R
O
B
L
E
M
Startup
entrepre-
neur
kicked
out of US
due to
visa
issues
P
R
O
B
L
E
M
Startup
kicked
out of US
due to
visa
issues
P
R
O
B
L
E
M
Startup
entrepre-
neur
kicked out
of US due
to visa
issues
Image credit: siliconvalley.com
P
R
O
B
L
E
M
International waters line
Ship located 12 miles offshore,
in international waters,
outside US jurisdiction – Bahamas flag
1
Convert the cruise ship
to a live/work/play space for 1000
2
30 minutes to shore 20 minutes to Palo Alto
Convenient travel both ways
by ferry, helicopter
3
Use B1/B2 business/tourist visa
to travel to mainland & stay <180 days
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
H-1B (skilled
worker)
L-1 (intracompany
transfer)
B1/B2
(business/tourism)
Average # of U.S. visas granted per year, 2006-2011
Source: http://www.travel.state.gov/xls/FYs97-11_NIVDetailTable.xls
O
F
F
E
R
4
Streamlined customs checkpoint – e.g.
“Global Entry”
5
• U.S. Customs and Border Protection (CBP) program
• For frequent low-risk travelers
• Enter the U.S. by using automated kiosks
S
O
L
U
T
I
O
N
Business/Tourist Visa:
• can travel to US, 180 days/yr
• can attend meetings, events
• streamlined border entryBahamas flagged ship:
• can earn income, start companies
• streamlined regulatory environment
Work on the ship, in international waters
Travel to the US using business/tourist
visas, which are easier to obtain
Where are we right now?
Press from A to Z
(working on Qz and Xconomy)
On TV – CBS, CNN, BBC etc. (click to play videos)
Startups that expressed interest
Latest stats at blueseed.co/come-aboard/results
1516
entrepreneurs
496 startups
72 countries
United States
23%
India 10%
Canada 4%
Australia 4%
Russia 2%
Italy 2%UK 6%Spain 3%Brazil 3%
France 3%
Germany 2%
China 2%
Singapore 2%
Other 34%
Motivations for moving to Blueseed
Not important Somewhat important Important Very important Critical
An alternative to having to get US work
visas for myself or other company
founders
25.7% 16.0% 17.8% 18.8% 21.7%
An alternative to having to get US work
visas for my employees
26.3% 21.9% 21.7% 18.4% 11.7%
Streamlined legal and regulatory
environment made with low overhead in
mind
7.5% 13.4% 26.5% 28.1% 24.5%
Ease of finding talent 6.3% 14.0% 22.5% 30.8% 26.5%
Proximity to Silicon Valley's investors 3.4% 10.5% 19.2% 30.8% 36.0%
Living and working in an awesome
startup- and technology- oriented space
1.0% 2.8% 10.9% 30.0% 55.3%
Coolness factor / fame 14.2% 16.0% 24.3% 22.5% 23.1%
Top motivation for moving to Blueseed
“Living and working in an awesome
startup- and technology- oriented space”
High-tech
university
dorm
24/7
hackathon &
coworking
space
Awesome startup-
and technology-
oriented space
The Blueseed formula
S
O
L
U
T
I
O
N
Live/work/play environment onboard:
“Googleplex of the Sea”
O
F
F
E
R
Cabins for different budgets
O
F
F
E
R
O
F
F
E
R
Customizable office space
Recreational facilities
O
F
F
E
R
24/7 food/medical/security
O
F
F
E
R
Wireless 1Gbps+ link to shore
Liquid Robotics ocean drone
relays mesh network
O3b satellite backup,
130ms round-trip, 500Mbps
Future: fiber-optic cable
O
F
F
E
R
High-speed Internet access
Transportation to/from the mainland
• Large capacity round-trip ferry boats,
morning and evening
• ~30 minutes from ship to shore
When time is critical, helicopters
• Medical or other emergencies
• ~20 minutes to Palo Alto
Shared
equipment:
3D printers etc
Gyms
Pool
Sports fields
Entertainment
venues
Convenience
stores
Game rooms
Post Office
ATMs
Cafes Food service Concierge
O
F
F
E
R
Amenities onboard
Accelerator programs
300 startups on the ship means…
…multiple cohorts in parallel
…variable-length programs, e.g.
• 3 months for web startups
• 6 months for biotech or robotics companies
O
F
F
E
R
Startup accelerator services
Connection with
Silicon Valley
startup events
Access to angel
investors and
venture capital
Networking
activities
Mentors and
training
programs
Legal help:
immigration,
IP/patents etc.
Events onboard
+ more…
O
F
F
E
R
No visas or immigration restrictions
Much lower regulatory costs – you choose where to incorporate
Simplified business and regulatory environment
Bring into your team talent from anywhere in the world
No stressful commuting, no traffic
“Perpetual hackathon” atmosphere
You’ll be in the middle of cutting-edge innovation
S
O
L
U
T
I
O
N
Benefits of being aboard Blueseed
Backup plans
Source: http://online.wsj.com/article/SB10001424053111903480904576512250915629460.html
O
F
F
E
R
When moving to Blueseed, you’ll deposit an amount
to cover transportation to your country of choice
Q: Did your startup fail?
A: The startup in the next cabin is probably hiring.
“[in Silicon Valley] every company I work with is
absolutely starved for talent: qualified software
engineers, managers, marketers and salespeople”
- Marc Andreessen, August 2011, Wall Street Journal
83% of the tech startups in the U.S. are looking to
hire in 2012. – Silicon Valley Bank survey
Cost of living aboard Blueseed
(preliminary estimates; Blueseed doesn’t impose tax)
• More cash + less equity, or
• Less cash + more equity
Combination of rent
+ startup equity
Cash rent: from $1200/person/month (shared room for 4)
Up to $3000/person/month (private room with ocean view)
• San Francisco rent (May 2013): $2,211/mo
• Plus desk at startup incubator: $500+/mo.
Cost includes office
space!
O
F
F
E
R
Blueseed’s interests are aligned
with yours
Blueseed
taking
equity in
startups
We
succeed if
you
succeed
O
F
F
E
R
How we’ll work to reduce your rent
(extra revenue streams)
• Shows like “Shark Tank” can bring significant revenueMedia
• Offices aboard for big companies looking to hire
brilliant entrepreneurs like youTalent scouting
• Since 2009, Google has been acquiring one new
company per week. We’ll own equity in startups
onboard, and cash in on exits.
Early acquisition of
startups
• Rent out space for events, conferences etc.
• Hotel rooms for visitors
• Other partnerships enhancing the ecosystem
We’ll be a unique
environment
O
F
F
E
R
Visas you’ll need
To live and work aboard Blueseed: no visa
To travel to the U.S. mainland:
• business visa (B-1), or
• tourist visa (B-2; often combined with B-1), or
• Visa Waiver (some countries, valid only 3 months), or
• transit visa (least recommended)
B1/B2 visas generally valid for 10 years
Must spend at most 180 days/year in the U.S.
Americans (e.g. investors) visit Blueseed freely
O
F
F
E
R
Ease of getting business/tourist
visa vs. work visa
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
H-1B (skilled
worker)
L-1 (intracompany
transfer)
B1/B2
(business/tourism)
Average # of U.S. visas granted per year, 2006-2011
Source: http://www.travel.state.gov/xls/FYs97-11_NIVDetailTable.xls
O
F
F
E
R
What laws apply on board?
• Bahamas (English common law)
The laws of the flag
state
• Fair, efficient, speedy, predictable
• You choose what country to incorporate in
International
commercial arbitration
• To country of residence/incorporation
• No taxes paid to Blueseed
Taxes
• International patents (WIPO)
• United States patents (USPTO)
Patents – as usual
O
F
F
E
R
FAQ – blueseed.com/faq
• Not a problem: large vessel (200m x 30m)
• Meclizine - inexpensive preventative medication
Seasickness
• Tsunamis/earthquakes doesn’t affect ships at sea
• Hurricanes don’t exist near California
Tsunamis,
Hurricanes
• Happen rarely; affect large vessels less
• In case of “force majeure”, we can come to shore
Storms
• We’re the only ones in the region :)Pirates :)
O
F
F
E
R
When will Blueseed launch?
Estimated: Q1 2015
R&D we’re conducting – your help is welcome:
• Startup incubators – partner with us!
• Media exposure – the more, the merrier
• Cleantech companies – get in touch
• Ambassadors – spread the word!
If you can help – contact us: blueseed.com
O
F
F
E
R
Blueseed
Los Angeles
Blueseed
East Coast
Near future
Long term vision
Concept ship – Terraces
Concept ship – Artful Containers
Concept ship – Hive
Blueseed Atoll concept – stabilization barges and floating breakwaters
Concept ship – Modern Hull
How can you come aboard?
• Investor
• Startup network – see blueseed.com/partners
• Trusted contact – make a profile on AngelList
Get referred by a reputable:
• Be awesome – apply online – get selected!
Or directly:
Dario Mutabdzija
CEO
Dan Dascalescu
CTO/COO
Baoguang Zhai
Bus. Dev.
+
partners…
advisors…
mentors…
ambassadors…
YOU!
The
Blueseed
Team
Apply online
Want to be a partner?
“The people who are crazy enough to think they
can change the world, are the ones who do.”
-- Steve Jobs, 1955-2011
www.blueseed.com
info@blueseed.com

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Blueseed: the visa-free startup ship 30 minutes from Silicon Valley

  • 2. Table of contents 1. There's no startup place like Silicon Valley 2. But there’s no U.S. entrepreneur visa 3. Blueseed’s novel win-win solution 4. What will we offer? 1. Cost of living 2. Visas 3. Questions 5. How can you help?
  • 3. What’s the best place on Earth for a startup entrepreneur? Silicon Valley? Keep readingTell me more Skip next 6 slides Of course R E A S O N
  • 4. Silicon Valley is the best place for startups – a unique combination of: Ideas Capital Culture R E A S O N Silicon Valley is the best place for startups
  • 5. Ideas – US is #1 place to file patents Source: WIPO - http://www.wipo.int/ipstats/en/statistics/patents/ R E A S O N 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 Germany Russian Federation China European Patent Office Republic of Korea Japan US Patents by office, 1995-2010
  • 6. Ideas – Silicon Valley is #1 U.S. area 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 San Francisco Bay Area New York- Northern New Jersey-Long Island Los Angeles-Long Beach-Santa Ana, CA Boston- Cambridge-Quincy, MA-NH Top U.S. regions by number of US Patent & Trademark Office patents, 2006-2010 Source: http://www.uspto.gov/web/offices/ac/ido/oeip/taf/cls_cbsa/allcbsa_gd.htm R E A S O N
  • 7. $0.10 $0.20 $0.70 $0.47 $1.40 $7.70 Canada India China Israel Europe US $0.00 $1.00 $2.00 $3.00 $4.00 $5.00 $6.00 $7.00 $8.00 $9.00 Venture capital investment (US$b) Capital – US is the #1 region R E A S O N Source: Ernst & Young - Global quarterly venture capital investment by geography, 2Q’2010
  • 8. Sacramento/N.Cal South Central Upstate NY North Central Philadelphia Metro SouthWest Colorado Northwest San Diego DC/Metroplex Southeast Midwest Texas LA/Orange County NY Metro New England Silicon Valley US venture capital investments by region, 2011 Capital – Silicon Valley is #1 area R E A S O N 41.0% 11.2% 9.5% 6.8% 5.2% 5.2% 3.7% 3.5% 3.1% 2.7% 2.2% 1.9% 1.7% 1.3% 0.4% 0.4% 0.2% % of total $11930M $3248M $2771M $1986M $1527M $1504M $1091M $1019M $892M $781M $627M $565M $485M $382M $119M $115M $67M Amount Source: PricewaterhouseCoopers National Venture Capital Association MoneyTree Report, Regional Aggregate Data 2011 http://bit.ly/PWCMoneyTree2011
  • 9. Culture – Silicon Valley is unique Risk taking It’s OK to fail Engineering tradition World class universities Cultural diversity R E A S O N
  • 10. So you want to come to Silicon Valley… P R O B L E M But you are a foreigner!
  • 11. “There simply are no US visas available for entrepreneurs” -- American Immigration Lawyers Association, March 2012 PROBLEM Source: http://www.youtube.com/watch?v=FLCYfhZEFb8#t=3m15s
  • 12. Visa type Can work? Can self- employ? Expires Restrictions B1/B2 Business, Tourist or Waiver ✗ ✗ <6 mo/yr in U.S. Can’t earn income But can travel! E-2 Treaty Investor, or Employee of ✓ ✓ 2+2+2… yrs Not for India, Brazil, Russia, China “substantial” investment (~$100K) must own 50%+ of the business can’t convert to Green Card EB-5 Investor ✓ ✓ Never Must invest $1M+ and create 10 jobs H1-B Skilled worker ✓ ✗ 3+3 yrs If laid off, must find new sponsor ASAP – there is no grace period Cap at 65,000 per year L-1 Intra-company Transfer ✓ ✗ 3 yrs Must have worked at foreign branch for 1+ years No U.S. visas for entrepreneurs Inadequate existing alternatives: P R O B L E M
  • 13. No progress in U.S. Congress on Startup Visa Acts • Startup Visa (Mar ‘11) - died • Startup Act (Jun ‘11) - died • IDEA Act (Dec ‘11) - died • Startup Act 2.0 (May ‘12) - died • Startup Act 3.0 – 2% chance • Comprehensive Immigration Reform – opposed by House Political solutions? Source: GovTrack.us - http://www.wipo.int/ipstats/en/statistics/patents/
  • 18. International waters line Ship located 12 miles offshore, in international waters, outside US jurisdiction – Bahamas flag 1
  • 19. Convert the cruise ship to a live/work/play space for 1000 2
  • 20. 30 minutes to shore 20 minutes to Palo Alto Convenient travel both ways by ferry, helicopter 3
  • 21. Use B1/B2 business/tourist visa to travel to mainland & stay <180 days 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 H-1B (skilled worker) L-1 (intracompany transfer) B1/B2 (business/tourism) Average # of U.S. visas granted per year, 2006-2011 Source: http://www.travel.state.gov/xls/FYs97-11_NIVDetailTable.xls O F F E R 4
  • 22. Streamlined customs checkpoint – e.g. “Global Entry” 5 • U.S. Customs and Border Protection (CBP) program • For frequent low-risk travelers • Enter the U.S. by using automated kiosks
  • 23. S O L U T I O N Business/Tourist Visa: • can travel to US, 180 days/yr • can attend meetings, events • streamlined border entryBahamas flagged ship: • can earn income, start companies • streamlined regulatory environment Work on the ship, in international waters Travel to the US using business/tourist visas, which are easier to obtain
  • 24. Where are we right now?
  • 25. Press from A to Z (working on Qz and Xconomy)
  • 26. On TV – CBS, CNN, BBC etc. (click to play videos)
  • 27. Startups that expressed interest Latest stats at blueseed.co/come-aboard/results 1516 entrepreneurs 496 startups 72 countries United States 23% India 10% Canada 4% Australia 4% Russia 2% Italy 2%UK 6%Spain 3%Brazil 3% France 3% Germany 2% China 2% Singapore 2% Other 34%
  • 28. Motivations for moving to Blueseed Not important Somewhat important Important Very important Critical An alternative to having to get US work visas for myself or other company founders 25.7% 16.0% 17.8% 18.8% 21.7% An alternative to having to get US work visas for my employees 26.3% 21.9% 21.7% 18.4% 11.7% Streamlined legal and regulatory environment made with low overhead in mind 7.5% 13.4% 26.5% 28.1% 24.5% Ease of finding talent 6.3% 14.0% 22.5% 30.8% 26.5% Proximity to Silicon Valley's investors 3.4% 10.5% 19.2% 30.8% 36.0% Living and working in an awesome startup- and technology- oriented space 1.0% 2.8% 10.9% 30.0% 55.3% Coolness factor / fame 14.2% 16.0% 24.3% 22.5% 23.1%
  • 29. Top motivation for moving to Blueseed “Living and working in an awesome startup- and technology- oriented space”
  • 30. High-tech university dorm 24/7 hackathon & coworking space Awesome startup- and technology- oriented space The Blueseed formula S O L U T I O N
  • 32. Cabins for different budgets O F F E R
  • 36. Wireless 1Gbps+ link to shore Liquid Robotics ocean drone relays mesh network O3b satellite backup, 130ms round-trip, 500Mbps Future: fiber-optic cable O F F E R High-speed Internet access
  • 37. Transportation to/from the mainland • Large capacity round-trip ferry boats, morning and evening • ~30 minutes from ship to shore
  • 38. When time is critical, helicopters • Medical or other emergencies • ~20 minutes to Palo Alto
  • 39. Shared equipment: 3D printers etc Gyms Pool Sports fields Entertainment venues Convenience stores Game rooms Post Office ATMs Cafes Food service Concierge O F F E R Amenities onboard
  • 40. Accelerator programs 300 startups on the ship means… …multiple cohorts in parallel …variable-length programs, e.g. • 3 months for web startups • 6 months for biotech or robotics companies O F F E R
  • 41. Startup accelerator services Connection with Silicon Valley startup events Access to angel investors and venture capital Networking activities Mentors and training programs Legal help: immigration, IP/patents etc. Events onboard + more… O F F E R
  • 42. No visas or immigration restrictions Much lower regulatory costs – you choose where to incorporate Simplified business and regulatory environment Bring into your team talent from anywhere in the world No stressful commuting, no traffic “Perpetual hackathon” atmosphere You’ll be in the middle of cutting-edge innovation S O L U T I O N Benefits of being aboard Blueseed
  • 43. Backup plans Source: http://online.wsj.com/article/SB10001424053111903480904576512250915629460.html O F F E R When moving to Blueseed, you’ll deposit an amount to cover transportation to your country of choice Q: Did your startup fail? A: The startup in the next cabin is probably hiring. “[in Silicon Valley] every company I work with is absolutely starved for talent: qualified software engineers, managers, marketers and salespeople” - Marc Andreessen, August 2011, Wall Street Journal 83% of the tech startups in the U.S. are looking to hire in 2012. – Silicon Valley Bank survey
  • 44. Cost of living aboard Blueseed (preliminary estimates; Blueseed doesn’t impose tax) • More cash + less equity, or • Less cash + more equity Combination of rent + startup equity Cash rent: from $1200/person/month (shared room for 4) Up to $3000/person/month (private room with ocean view) • San Francisco rent (May 2013): $2,211/mo • Plus desk at startup incubator: $500+/mo. Cost includes office space! O F F E R
  • 45. Blueseed’s interests are aligned with yours Blueseed taking equity in startups We succeed if you succeed O F F E R
  • 46. How we’ll work to reduce your rent (extra revenue streams) • Shows like “Shark Tank” can bring significant revenueMedia • Offices aboard for big companies looking to hire brilliant entrepreneurs like youTalent scouting • Since 2009, Google has been acquiring one new company per week. We’ll own equity in startups onboard, and cash in on exits. Early acquisition of startups • Rent out space for events, conferences etc. • Hotel rooms for visitors • Other partnerships enhancing the ecosystem We’ll be a unique environment O F F E R
  • 47. Visas you’ll need To live and work aboard Blueseed: no visa To travel to the U.S. mainland: • business visa (B-1), or • tourist visa (B-2; often combined with B-1), or • Visa Waiver (some countries, valid only 3 months), or • transit visa (least recommended) B1/B2 visas generally valid for 10 years Must spend at most 180 days/year in the U.S. Americans (e.g. investors) visit Blueseed freely O F F E R
  • 48. Ease of getting business/tourist visa vs. work visa 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 H-1B (skilled worker) L-1 (intracompany transfer) B1/B2 (business/tourism) Average # of U.S. visas granted per year, 2006-2011 Source: http://www.travel.state.gov/xls/FYs97-11_NIVDetailTable.xls O F F E R
  • 49. What laws apply on board? • Bahamas (English common law) The laws of the flag state • Fair, efficient, speedy, predictable • You choose what country to incorporate in International commercial arbitration • To country of residence/incorporation • No taxes paid to Blueseed Taxes • International patents (WIPO) • United States patents (USPTO) Patents – as usual O F F E R
  • 50. FAQ – blueseed.com/faq • Not a problem: large vessel (200m x 30m) • Meclizine - inexpensive preventative medication Seasickness • Tsunamis/earthquakes doesn’t affect ships at sea • Hurricanes don’t exist near California Tsunamis, Hurricanes • Happen rarely; affect large vessels less • In case of “force majeure”, we can come to shore Storms • We’re the only ones in the region :)Pirates :) O F F E R
  • 51. When will Blueseed launch? Estimated: Q1 2015 R&D we’re conducting – your help is welcome: • Startup incubators – partner with us! • Media exposure – the more, the merrier • Cleantech companies – get in touch • Ambassadors – spread the word! If you can help – contact us: blueseed.com O F F E R
  • 54. Concept ship – Terraces
  • 55. Concept ship – Artful Containers
  • 57. Blueseed Atoll concept – stabilization barges and floating breakwaters
  • 58. Concept ship – Modern Hull
  • 59. How can you come aboard? • Investor • Startup network – see blueseed.com/partners • Trusted contact – make a profile on AngelList Get referred by a reputable: • Be awesome – apply online – get selected! Or directly:
  • 60. Dario Mutabdzija CEO Dan Dascalescu CTO/COO Baoguang Zhai Bus. Dev. + partners… advisors… mentors… ambassadors… YOU! The Blueseed Team
  • 62. Want to be a partner?
  • 63. “The people who are crazy enough to think they can change the world, are the ones who do.” -- Steve Jobs, 1955-2011 www.blueseed.com info@blueseed.com

Editor's Notes

  1. If the audience agrees that Silicon Valley is the best place for startups, skip the next 5 slides.
  2. Paul Graham, the venture capitalist behind Y Combinator, believes that startups thrive in startup hubs.
  3. Source: http://www.wipo.int/ipstats/en/statistics/patents/csv/wipo_pat_grant_by_office_origin_list.csv
  4. The Bay Area is the most prolific in the US in terms of USPTO patents.
  5. Source: http://www.ey.com/GL/en/Services/Strategic-Growth-Markets/Global-venture-capital-insights-and-trends-report
  6. It’s cool to start a startup. Risk tolerance. Stanford, Berkeley, UC San Francisco, UC Santa Cruz.
  7. On the H-1B layoff grace period: there is no official grace period after you are laid off. “Technically there is no grace period. An H-1B worker is considered out of status immediately after the employer-employee relationship is terminated. However, USCIS officers often overlook a brief gap between status. This is solely at the discretion of the adjudication officer and is not at all guaranteed.” http://immigrationroad.com/visa/h1b-worker/h1b-visa-status-and-layoff.php http://www.visapro.com/Immigration-Articles/?a=1288&z=48
  8. The Startup Visa Act has seen no traction in Congress. http://www.govtrack.us/congress/bill.xpd?bill=s112-565 – also, “The majority of bills and resolutions never make it out of committee.”
  9. Amit Aharoni founded CruiseWise (an online cruise booking company), secured $1.65 in venture funding, and created 9 jobs in San Francisco. USCIS sent him a letter notifying him that his visa has expired and he needs to leave the country. The guys from BufferApp (Twitter scheduling app, which Blueseed uses too) got $400,000 in funding, then their visas expired and they had to move out of the U.S.
  10. Amit Aharoni founded CruiseWise (an online cruise booking company), secured $1.65 in venture funding, and created 9 jobs in San Francisco. USCIS sent him a letter notifying him that his visa has expired and he needs to leave the country. The guys from BufferApp (Twitter scheduling app, which Blueseed uses too) got $400,000 in funding, then their visas expired and they had to move out of the U.S.
  11. Amit Aharoni founded CruiseWise (an online cruise booking company), secured $1.65 in venture funding, and created 9 jobs in San Francisco. USCIS sent him a letter notifying him that his visa has expired and he needs to leave the country. The guys from BufferApp (Twitter scheduling app, which Blueseed uses too) got $400,000 in funding, then their visas expired and they had to move out of the U.S.
  12. This barbed wire metaphor was appreciated by a legislator we spoke with.
  13. This is the first of the five key elements of our solution.
  14. The Ocean Star Pacific. 512 cabins. 714/1231 pax. Built 1971. LOA 168m. 23149 GT.
  15. 3.68M B1/B2 visas granted in 2010, vs. 117,000 H-1B visas.
  16. Work on the ship Come to shore for business. Can’t work on shore, that’s what the ship is for.
  17. Videos of our team on our YouTube channel: youtube.com/user/BlueseedProject
  18. Blueseed has been making waves in the news… Ars Technica, Associated Press, C|NET, TechCrunch, Venture Beat, Huffington Post, The Economist, USA Today, Fox Business News (3 times so far), Wired Internationally: Economic Times of India, Financial Times of Deutschland, Globe and Mail, El Pais, The Register, La Tribune
  19. Updated statistics at blueseed.co/come-aboard/results
  20. Top motivations: Living and working in an awesome startup- and technology- oriented space Proximity to Silicon Valley’s investors Streamlined regulatory environment
  21. Top motivations: Living and working in an awesome startup- and technology- oriented space Proximity to Silicon Valley’s investors Streamlined regulatory environment
  22. Focusing on creating an ecosystem that is conducive to collaboration, comfort, etc
  23. From $1200 for a cabin shared among 4, to $3000 for a deluxe cabin.
  24. Rent includes cabin and office space.
  25. Weather might be a bit cold, but wall-climbing in the summer will be feasible.
  26. 24/7 food, medical and security services. Image credit: Disney.
  27. + WiMAX relay buoy mesh network
  28. Marc Andreessen is the co-founder of Netscape and Ning, and sits on the board of directors of Facebook, eBay, and HP. His investment firm Andreessen Horrowitz owns a majority stake in Skype.
  29. We are cost-competitive with San Francisco.
  30. Blueseed is incentivized to help startups aboard succeed.
  31. B1/B2 visa combo recommended.
  32. 3.68M B1/B2 visas granted in 2010, vs. 117,000 H-1B visas.
  33. For more questions, see our FAQ page.
  34. If the US fixes visa immigration – truly fixes it, meaning they do a much better job than the startup VISA bill proposes and really solve the issue – Blueseed would move from being from 12 miles to 1 mile offshore. And if even that somehow fails, and Blueseed was the catalyst for this sort of policy change, we’d sleep very well at night. There are many other important problems to solve and we would be eager to go and solve them as well.
  35. Blueseed’s custom built vessels dotting the world’s oceans
  36. Videos of our team on our YouTube channel: youtube.com/user/BlueseedProject
  37. http://blueseed.co/come-aboard
  38. http://blueseed.co/come-aboard
  39. Optimism, pessimism, fuck that. We’re gonna make it happen. -- Elon Musk, SpaceX