6
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

CNET News Video: Inside a 'hacker hostel'

About Video Transcript

CNET News Video: Inside a 'hacker hostel'

1:47 /

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.

- Carlos de la Lama-Noriega is the head chef, cultural ambassador and manager for Startup Embassy, a four-bedroom ranch style home in suburban Palo Alto. He rents out beds to anyone coming to Silicon Valley with a dream. -All of the people are just thinking the house are like minded. They're all entrepreneurs. People sometimes want a desk and something to just work here. -A rent of $45 per night or 300 bucks per week covers a bed and a dormitory style room, utilities and access to the shared work space. -I just feel I can help others. I mean I know how other entrepreneurs are come from all fields. We just have questions and we don't know anyone to answer that, so who better to answer them that people just live that experience, right? -This is startup embassy, wall of photos and since July more than 60 aspiring entrepreneurs have lived under this roof. -Several similar hostiles have popped up throughout the valley, but this one is known for catering to an international crowd. Entrepreneur Eric Lind is from Sweden and plans on staying at Startup Embassy for 3 months. -You don't live here because it's cheap, because it's not necessarily cheaper than any other place. I would actually almost pay a premium to live in a place like this because of this network that you get. -So you build this [unk], right? -Yeah, that's right. -And by network, he says that other tenants are there to share ideas, tips and even resources like introductions to potential investors. -If I wanted-- want they wanna raise funds, I now have like 20 people that I know that come in and out of these houses that have gone through the process, that can teach me exactly on how to do it. If I hadn't stayed here, I wouldn't know them. -Room, board and connections. In San Francisco, I'm Kara Tsuboi, cnet.com for CBS News.

New releases

Tomorrow Daily 140: Google's Atari AI, a futuristic doghousedoghouse for £20,000 and more
26:40 March 5, 2015
On today's show, we check out an impressive robot that could be a precursor to dinosaur robots, an AI build from Google that learns...
Play video
The push to make VR headsets mainstream
1:42 March 5, 2015
Video games are literally going to people's heads. At the Game Developers Conference, virtual reality headsets were all the rage as...
Play video
Inside Scoop: Watches and what else to expect from Apple on March 9
2:49 March 5, 2015
CNET's Kara Tsuboi and Shara Tibken talk about what news might emerge from Apple's upcoming media event in San Francisco. Price and...
Play video
Hackaball brings the iPad to the playground, Ep. 194
4:37 March 5, 2015
This week on Crave we get to play with the Hackaball at the playround, find out what it would be like if Wes Anderson directed an X-Men...
Play video
Meerkat mania: Live-streaming app is new Twitter trend
2:50 March 5, 2015
Learn how to broadcast video on Twitter with Meerkat, get the band back together for Rock Band 4, and let Google be your bartending...
Play video
Netpicks: Free TV episodes and new movies on iTunes for March 2015
1:51 March 5, 2015
It can be hard to catch all the new shows on TV, so Apple's made some premieres free for a limited time. Plus, iTunes gets some movies...
Play video
Kyocera heads for Europe with the rugged Torque
1:07 March 5, 2015
The durable and waterproof Kyocera Torque (s701) sports a 4.5-inch display and sets sail for Europe in the spring.
Play video
Gionee Elife S7 is a super-thin smartphone
1:01 March 5, 2015
This smartphone is a mere 5.5mm thick, and has a 'chameleon' app that themes your mobile around colours picked out by the camera.
Play video