Floating city of entrepreneurs aims to drop anchor Video
Floating city of entrepreneurs aims to drop anchor Video Transcript
Half Moon Bay, California in the not too distant future and this sleepy coastal town could become the main port of entry for a ship housing thousands of foreign born tech workers. Co-founder Max Marty started the -- -- project as a way to help foreign entrepreneurs circumvented visa issues there is no entrepreneur Lisa. And I thought I was a terrible problem so Marty and his team decided to turn a cruise ship into a floating office park for up to 18100. Foreign entrepreneurs. So we're projecting an average rent of about 16100 dollars per person per month includes rent for a living and office space the ferry service is back and forth will be about twenty to thirty dollars a led. Twelve nautical miles behind me out to sea is where the blue -- cruise ship would drop anchor that's just far enough off the coast to be an international waters and under the law of what ever country's flag this sentence of flying. So far Lucy -- raised about 100000 dollars a fraction of the necessary tens of millions of dollars they're asking for. But it's not just the investing community who -- skeptical. Of the -- Concept to a floating city it's just -- -- inherently seems far -- It has an appeal but I don't think. As an economic. Model that's as viable this would be on land honest I think it's a pipe dream even though wanted to be real men -- -- -- there's so many hurdles here. Skeptics Society -- -- says over 250 companies have expressed interest in claiming half the beds aboard.
Related Videos
Thousands of hopeful tech entrepreneurs from around the world flock to Silicon Valley to strike it rich by launching the next killer app. Enter the "hacker hostel," a place to snooze -- and schmooze. CNET's Kara Tsuboi reports.
Reporters' Roundtable Ep. 116: JOBS Act makes crowdfunding the law
How the JOBS Act will change the rules for Silicon Valley entrepreneurs and investors, with perspectives from guests George Zachary, Chance Barnett, and Tim Rowe.
Traditional bike with electric zip
It's environmentally friendly like a traditional bicycle, but it has the zip of a scooter. Getting 20 miles per charge with a max cruising speed of 20 mph, Ultra Motor's new electric bike doesn't come cheap, at $2,600. CNET's Kara Tsuboi takes it out for a spin.
Yahoo's layoffs and lost identity
Today, Yahoo announced another round of layoffs, the sixth in the last four years. CNET's Kara Tsuboi reports on how the Silicon Valley goliath has lost its path.
Blood analysis chip could aid global health care
HIV, Malaria, even cancer. Imagine testing for all of these illnesses at the same time with just one drop of blood and in the span of 10 minutes. CNET's Kara Tsuboi reports on some university researchers working to make that a reality.
Daily Debrief: The Sun sets for 6,000 employees
Sun Microsystems is the latest tech giant to announce dismal numbers for the fourth quarter and the need to layoff a significant portion of its workforce. On this Daily Debrief, CNET's Kara Tsuboi and Dawn Kawamoto discuss the 6,000 expected layoffs and possible next steps for this Silicon Valley institution.
Yang resignation, successor the talk of the Valley
Silicon Valley is atwitter over what kind of CEO Yahoo needs to hire to replace the outgoing Jerry Yang. CNET's Kara Tsuboi hears opinions and analysis from some "armchair quarterbacks" over this crucial decision for the Internet giant.
Abuzz over Microsoft's Yahoo bid
On the streets of Silicon Valley Friday, everyone from software engineers to grandmas was analyzing Microsoft's $44.6 billion bid for Yahoo. CNET News.com's Kara Tsuboi speaks with one alum of both Microsoft and Yahoo about why he favors the deal.
Robots connecting employees, families
The next time you have a board meeting to attend, perhaps your boss will join in via a robot. This vision from a futuristic film is becoming more and more of a reality as several Silicon Valley companies are developing advanced teleconferencing technologies to connect people around the world. CNET's Kara Tsuboi reports.
Lesley Stahl talks with Sergey Brin about the work atmosphere of the Googleplex.