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

In Brief

Someone’s offering an antithetic woody for a 13-acre spot successful Mill Valley, conscionable northbound of South Francisco.

Homeowner and concern banker Storm Duncan has created a LinkedIn page for the home, which helium said he’d “like to speech […] for Anthropic equity.”

The San Francisco Standard reports that Duncan described this arsenic a “diversification play,” arsenic he’s “under-concentrated successful AI investments comparative to the value of AI successful the future, and over-concentrated successful existent estate,” portion a young Anthropic worker mightiness beryllium “in the nonstop other scenario.”

Duncan is asking imaginable buyers to email him to sermon woody specifics, but helium said it would beryllium a backstage transaction that doesn’t necessitate the purchaser to merchantability their banal outright. On LinkedIn, helium besides said the homebuyer would “continue to clasp 20% of the upside worth of the shares exchanged for the duration of the lockup period.”

Duncan, who described himself arsenic a longtime Bay Area nonmigratory who moved to Miami during the pandemic, bought the property successful 2019 for $4.75 million. It’s presently occupied by “a precocious illustration VC,” helium said, but helium declined to place the VC.

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