Someone is offering an unusual deal on 13 acres of land in Mill Valley, just north of South Francisco.
Homeowner and investment banker Storm Duncan created a LinkedIn page for the home, saying he would like to “trade it for stock in humanity.”
According to a report in the San Francisco Standard, Duncan described this as a “diversification move” because it was “less focused on AI investments and too focused on real estate compared to the importance of AI in the future” and that Anthropic’s younger employees could be “in exactly the opposite scenario.”
Mr. Duncan is asking potential buyers to email him to discuss the details of the transaction, but he said this is a private transaction and does not require the buyer to sell the shares outright. He also said on LinkedIn that homebuyers “continue to hold 20% of the top value of the shares exchanged during the lock-up period.”
Duncan, who describes herself as a longtime Bay Area resident who moved to Miami during the pandemic, bought the property in 2019 for $4.75 million. According to him, there is currently a “prominent venture capital” tenant, but he declined to identify the VC.
