Silicon Valley Is Letting Go of Its Techie Island Fantasies

THE SEASTEADING INSTITUTE was the toast of tech entrepreneurs when it received financial backing from venture capitalist Peter Thiel in 2008. Its mission was to build a manmade island nation where inventors could work free of heavy-handed government interference. One early rendering shows an island raised on concrete stilts in eerily calm waters. The buildings atop the platform resemble nothing so much as the swanky tech campus of an entrepreneur’s ultimate dream...
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