Somebody’s providing an uncommon deal for a 13-acre property in Mill Valley, simply north of South Francisco.
Home-owner and funding banker Storm Duncan has created a LinkedIn web page for the house, which he mentioned he’d “wish to trade […] for Anthropic fairness.”
The San Francisco Normal studies that Duncan described this as a “diversification play,” as he’s “under-concentrated in AI investments relative to the significance of AI sooner or later, and over-concentrated in actual property,” whereas a younger Anthropic worker is likely to be “within the precise reverse state of affairs.”
Duncan is asking potential patrons to electronic mail him to debate deal specifics, however he mentioned it might be a non-public transaction that doesn’t require the customer to promote their inventory outright. On LinkedIn, he additionally mentioned the homebuyer would “proceed to retain 20% of the upside worth of the shares exchanged at some stage in the lockup interval.”
Duncan, who described himself as a longtime Bay Space resident who moved to Miami in the course of the pandemic, purchased the property in 2019 for $4.75 million. It’s presently occupied by “a excessive profile VC,” he mentioned, however he declined to determine the VC.
