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To buy this Bay Area home, you’ll need Anthropic equity

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Someone’s offering an unusual deal for a 13-acre property in Mill Valley, north of South Francisco.

Key facts

Summary

Homeowner and investment banker Storm Duncan has created a LinkedIn page for the home, which he said he’d “like to exchange for Anthropic equity.” The San Francisco Standard reports that Duncan described this as a “diversification play,” as he’s “under-concentrated in AI investments relative to the importance of AI in the future, and over-concentrated in real estate,” while a young Anthropic employee might be “in the exact opposite scenario.” Duncan is asking potential buyers to email him to discuss deal specifics, but he said it would be a private transaction that doesn’t require the buyer to sell their stock outright. Duncan, who described himself as a longtime Bay Area resident who moved to Miami during the pandemic, bought the property in 2019 for $4.75 million.

Read full article at TechCrunch AI →