Business Latest | What’s Worth More Than Cash in San Francisco Real Estate? Anthropic Stock by Arielle Pardes

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Several San Francisco Bay Area homes are now being listed with the option to accept equity in AI startups Anthropic or OpenAI instead of cash, reflecting the outsized value these companies’ stocks command in the region. A 160 Noe Street Edwardian home in the Duboce Triangle is priced at $2.9 million or an equivalent amount of Anthropic/OpenAI shares, a move inspired by the “paper wealth” of employees who lack liquidity. Similar deals include a Mill Valley property offered for Anthropic stock and a Healdsburg vacation home listed for $2 million in Anthropic shares, with a $500 k discount for Anthropic staff who believe the stock’s valuation—rising from $380 billion to $965 billion in months—will outpace any other investment. The listings arise as both firms prepare IPOs, fueling FOMO and a secondary‑market frenzy, though legal and escrow challenges remain because the shares are not publicly tradable. Real‑estate agents view the approach as a clever gimmick that generates media buzz, while sellers hope to leverage the soaring AI valuations to secure a foothold in the market.

Read more: https://www.wired.com/story/whats-worth-more-than-san-francisco-real-estate-anthropic-stock/

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