Blueseed: The Real Pirates Of Silicon Valley?

Blueseed aims to provide an alternative solution to the US work visa problem for Silicon Valley and allow professionals lacking a visa to legally work in close proximity to companies and investors from the Valley.
Blueseed plans to do this by providing living and office accommodations on a vessel anchored 12 nautical miles offshore from California (half an hour by ferry), in international waters outside the jurisdiction of the United States.
Target customers include startup entrepreneurs for whom a satisfactory U.S. work visa solution doesn’t exist, staffing companies impacted by the January 2010 Neufeld memo preventing 3rd party employee placement, and other high-tech professionals interested in the advantages provided by Blueseed’s location.