fintech / news / / Fox Business
Storm Duncan, the founder of tech investment bank Ignatious, is proposing a deal that would see him exchange a four-bedroom, five-bath estate in Mill Valley in exchange for Anthropic shares.
Storm Duncan is offering $8 million in Bay Area real estate for Anthropic stock options.
KEY POINTS
- The deal targets Anthropic employees with illiquid shares prior to the company's anticipated IPO.
- Duncan bases the exchange on an $800 billion Anthropic valuation, below some reported estimates.
- The property hasn't been traditionally listed but has received inquiries through a dedicated LinkedIn page.
- Share transfers would be structured to occur after the IPO lockup period concludes.
COMPANIES
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