Somebody’s providing an uncommon deal for a 13-acre property in Mill Valley, simply north of South Francisco.
House owner and funding banker Storm Duncan has created a LinkedIn page for the house, which he mentioned he’d “wish to alternate […] for Anthropic fairness.”
The San Francisco Standard reports 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 could be “within the actual reverse situation.”
Duncan is asking potential consumers 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 all through the lockup interval.”
Duncan, who described himself as a longtime Bay Space resident who moved to Miami throughout the pandemic, purchased the property in 2019 for $4.75 million. It’s at present occupied by “a excessive profile VC,” he mentioned, however he declined to determine the VC.
