Community Corner

Mill Valley Homeowner Aims To Get Ahead Of AI By Selling His Estate For Equity In Anthropic

It's a 14-acre estate in Mill Valley, and the homeowner priced it for about $8 million.

(CBS Bay Area)

April 27, 2027

A Bay Area homeowner is making a unique play to get ahead of the artificial intelligence arms race by listing his Mill Valley estate not for cash but for equity in Anthropic.

Find out what's happening in Petalumafor free with the latest updates from Patch.

It's a 14-acre estate in Mill Valley, and the homeowner priced it for about $8 million. But he doesn't want your money. He wants your stock.

"I felt underexposed to AI, which is the future in my mind. And overexposed to real estate. And so, the concept was very simple. I was assuming there would be a bunch of young up-and-coming successful people at Anthropic that started there, and maybe had a little bit of money but not much and now are worth a significant amount of money, but it's all in one stock," Storm Duncan, the founder of Ignatius, told CBS News Bay Area.

Find out what's happening in Petalumafor free with the latest updates from Patch.

Click here for the full story via CBS San Francisco


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