Investment Banker Offers Mill Valley Property in Exchange for Anthropic Equity
Storm Duncan calls it a 'diversification play' to balance AI investments against real estate holdings
Quick Look
- An investment banker in Mill Valley, CA is offering his 13-acre property in exchange for Anthropic equity, calling it a 'diversification play' to balance his AI investments against real estate holdings.
- Storm Duncan created a LinkedIn page for the home and says the private transaction would allow the buyer to retain 20% of the upside value of shares during the lockup period.
AI-generated summary
An investment banker in Mill Valley is trying something unconventional to sell his 13-acre property: he's offering to exchange it for equity in Anthropic, the AI company behind Claude.
Storm Duncan 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. On LinkedIn, he also said the homebuyer would "continue to retain 20% of the upside value of the shares exchanged for the duration of the lockup period."
The property is located just north of San Francisco in Mill Valley.
