The Blueseed Idea
Sometimes working virtually isn't good enough, especially at the startup stage. According to Blueseed, venture capitalists like to be close to their investments, and sometimes you just need a little face time. They quote the director of research for Google:
It’s 11 hours to Hyderabad. We do video conferences where we’re up late and they’re up early. Maybe a video conference is as good as a formal meeting, but there are no informal meetings. As a result, we lose the pace of work, and we lose trust.
But it is hard to get a work permit in the States these days, even when there are very bright people from around the world who want to be there. I thought there was an answer to this problem, called Vancouver. But even that is too far away. Hence Blueseed: it can float just over twelve miles offshore, sort of a Pirate Radio for entrepreneurs.