Banker Offers $8M Estate for Anthropic Stock

Silicon Valley investment banker Storm Duncan is offering to swap his 14-acre Mill Valley estate for shares in AI company Anthropic, valued at roughly $8 million. Duncan, who founded tech-focused bank Ignatious, says he will cover all closing costs for any Anthropic shareholder willing to make the trade. The unusual pitch went viral on LinkedIn and drew skepticism from some observers who called it a sign of AI market overheating. Duncan, who already holds Anthropic shares from a 2024 funding round, argues the deal offers tax advantages and greater transparency than buying through secondary markets.