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Bay Area home offered for Anthropic equity
TechCrunch·
An unusual real estate deal is being offered in Mill Valley, California, where a 13-acre property is available for exchange for equity in AI startup Anthropic. The homeowner, investment banker Storm Duncan, views this as a strategic diversification play, aiming to reduce his over-concentration in real estate and increase his exposure to the burgeoning AI sector. He believes a young Anthropic employee might benefit from the opposite scenario, being over-concentrated in AI investments and under-concentrated in real estate. The transaction would be private, allowing the buyer to retain partial upside value of the shares.
Tags
ai
real estate
funding
Original Source
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