To purchase this Bay Area residence, you will require Anthropic equity

To purchase this Bay Area residence, you will require Anthropic equity

An intriguing offer is on the table for a 13-acre estate located in Mill Valley, just to the north of San Francisco.

Storm Duncan, the homeowner and investment banker, has launched a LinkedIn profile for the residence, stating that he’s “interested in exchanging […] for Anthropic equity.”

–the San Francisco Standard notes that Duncan referred to this as a “diversification strategy,” explaining that he is “under-invested in AI related assets given AI’s future significance, and over-invested in real estate,” while a younger employee at Anthropic might find themselves “in a precisely opposite situation.”

Duncan is inviting interested parties to contact him via email to go over the details of the transaction, but he indicated that it would be a private deal that does not necessitate the buyer to liquidate their stock immediately. On LinkedIn, he also mentioned that the homebuyer would “keep 20% of the potential increase in value of the shares traded throughout the lockup duration.”

Duncan, who has described himself as a long-time resident of the Bay Area who relocated to Miami during the pandemic, acquired the property in 2019 for $4.75 million. He mentioned that it is currently inhabited by “a notable VC,” but he opted not to reveal the identity of the VC.