HomeAI NewsTo Buy This Bay Area Home, You'll Need Anthropic Equity

To Buy This Bay Area Home, You’ll Need Anthropic Equity

Homeowner Storm Duncan is looking for a unique exchange: his 13-acre property in Mill Valley for equity in AI startup Anthropic.

In an unusual real estate move, Storm Duncan is putting his 13-acre Mill Valley property up for sale – but not in the classical sense. The homeowner and investment banker has created a LinkedIn page for the home, seeking potential buyers who are willing to exchange Anthropic equity for ownership of the property.

Duncan’s motivation behind this unique deal is to diversify his investments and balance his portfolio. He told TechCrunch that he’s under-invested in AI relative to its importance in the future, while over-invested in real estate. By exchanging the property for Anthropic equity, he aims to rectify this imbalance.

The homebuyer would retain 20% of the upside value of the shares exchanged for the duration of the lockup period, according to Duncan. He emphasized that it would be a private transaction, and buyers wouldn’t have to sell their stock outright.

Duncan purchased the property in 2019 for $4.75 million and is currently occupied by a high-profile venture capitalist. While he declined to identify the VC, he stated that they will need to vacate the premises when the new owner takes possession.

What matters

  • Duncan created a LinkedIn page for the home, seeking potential buyers with Anthropic equity
  • He described the deal as a
  • to diversify his investments and balance his portfolio

Why it matters

to diversify his investments and balance his portfolio

This GenAI News article was prepared in original wording using reporting and materials published by TechCrunch AI. Source reference: https://techcrunch.com/2026/04/26/to-buy-this-bay-area-home-youll-need-anthropic-equity/.

Drafted by the GenAI News review pipeline.

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