The demand for Anthropic stock has surged, prompting Storm Duncan, founder of Ignatius, to offer his $4.8 million Marin County property in exchange for shares. As Anthropic’s secondary market valuation hits $1 trillion, fueled by its AI assistant Claude Code’s rapid revenue growth, Duncan aims to attract Anthropic employees with the deal. His scenic estate is just a 20-minute commute from the company’s office, making it appealing for potential sellers of illiquid shares.
Duncan has received multiple offers since listing the property, indicating genuine interest from both Anthropic employees and early investors. He highlights a common issue where high-earning individuals possess significant assets tied up in illiquid stocks, making his offer an attractive solution for diversification.
This venture is part of a historical trend where unconventional barter for equity in tech companies has occurred, drawing parallels to past instances like David Cho’s mural deal with Facebook. While some view Duncan’s offer skeptically, he insists it’s a serious proposal, explaining that smaller investors often can’t secure direct stock purchases, and secondary market transactions can be fraught with complications. Duncan, who already holds Anthropic shares, is motivated by his positive experiences with the company’s technology and aims to increase his investment.
Source link
