Agreed. Plug and Play has operations in Singapore, Jordan, Germany, Canada, Mexico, Poland, Spain and elsewhere. However, Silicon Valley has some of the best dev talent in the world, so hopefully they (we) can tap the nearby resources and push them abroad if necessary.
If anyone wants to learn more, feel free to contact me: scott [at] plugandplaytechcenter.com
there's also the possibility of Blueseed getting the funding it needs to charter that offshore cruiseship to house developers/entrepreneurs in international waters right off of the Valley