""I think one of the primary amenities of the home is that it's 13 acres surrounded by a lot of wildlife and land," Duncan told NBC Bay Area."
""The Anthropic employee probably has a significant amount of liquid net worth in Anthropic. It's not diversified and they probably don't have a home that corresponds to their new net worth," said Duncan."
""I've never seen a home offered in exchange for company shares before," a Mill Valley realtor told NBC Bay Area."
Storm Duncan, a Miami-based investment banker, is attempting to trade his 13-acre Mill Valley estate for stock in Anthropic. The property, featuring a 4,400-square-foot home, is listed privately on LinkedIn. Duncan believes this arrangement could benefit Anthropic shareholders by allowing them to diversify their assets while potentially receiving a tax break. The demand for luxury homes in the Bay Area is rising, influenced by the AI boom and a shortage of available properties. Duncan's home was previously sold for $4.8 million in 2019.
Read at sfist.com
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