Unlocking Bay Area Real Estate: Why You Need Anthropic Equity to Buy This Home

Someone is making a unique offer for a 13-acre property in Mill Valley, located just north of San Francisco. The homeowner, Storm Duncan, an investment banker, is looking to sell the property in exchange for equity in Anthropic, an AI company. He has created a LinkedIn page to facilitate the sale, emphasizing that he hopes to execute what he describes as a “diversification play.”

Duncan stated he feels he is over-concentrated in real estate while being underexposed to AI investments, which he believes are crucial for the future. He considers that an employee from Anthropic might face the opposite predicament, having a wealth of AI stock but limited real estate. Interested buyers can contact him via email to discuss the details of the transaction, which he claims will be private and won’t require them to sell their stocks outright. Buyers will retain 20% of the upside of the shares they exchange during the lockup period.

Duncan purchased the property in 2019 for $4.75 million. Currently, it is occupied by “a high-profile VC,” though he has chosen not to disclose their identity.

For more insights on AI and venture investments, you can explore StrictlyVC events.

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