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Peter Thiel

Blueseed, which is planning an offshore "seastead" for foreign entrepreneurs who have difficulty obtaining visas to live or work in the U.S., said this evening that that Thiel has agreed to lead the company's initial financing round.

"We're all totally psyched," Blueseed CEO and cofounder Max Marty told CNET. It's "hard to imagine this was just an idea some months ago." (See CNET's profile of Blueseed.)

To read the full, original article click on this link: Peter Thiel floats cash to floating tech incubator | Privacy Inc. - CNET News