High-tech incubator Blueseed not the first to target high seas

PALO ALTO — Forget building a startup.

Max Marty and Dario Mutabdzija want to build a startup colony. And they want to put it in the Pacific Ocean –- out of the reach of restrictive U.S. immigration laws they say keep high-skilled immigrants from building the next Apple or Facebook in Silicon Valley. Check out this article from Wednesday’s paper for more on their project.As outlandish as this scheme may seem to some, these are not the only entrepreneurs to boldly cast their fortunes off the shores of California to escape the restraints of government regulation.  Marty and Mutabdzija met while working at The Seasteading Institute. Blueseed borrows from seasteading — the libertarian idea to create floating cities championed by Patri Friedman, a former Google engineer and the grandson of economist Milton Friedman, and backed by venture capitalist and hedge fund manager Peter Thiel. Seasteaders want to build a flotilla of new sovereign nations on oil rig-like platforms anchored in international waters where people could live free from the burdens of taxes and government….(more)

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