Storm Duncan, founder and managing partner of the boutique investment bank Ignatious, has listed his fully furnished $4.8 million estate in Marin County, California, in exchange for shares of the artificial intelligence company Anthropic. The unusual offer highlights the intense competition to acquire limited stock in the private firm, which has recently seen its valuation soar to $1 trillion on secondary markets. The property features an infinity pool with sweeping views of the San Francisco skyline and is located within a 20-minute commute of Anthropic's headquarters. Duncan, who resides primarily in Jackson Hole, Wyoming, selected this specific home for its appeal to employees. He noted that while he owns properties in Miami and Jackson Hole, the Marin location offers a convenient commute that aligns with the lifestyle of the workforce at Anthropic. The demand for Anthropic shares has been driven by the company's robust revenue growth and the success of its AI coding assistant, Claude Code. Many early employees and investors hold significant wealth in stock but face restrictions on selling until the company completes its initial public offering. Duncan aims to facilitate diversification for these individuals, noting that some employees earning high six-figure salaries are effectively worth hundreds of millions yet remain unable to access their capital due to illiquid stock. Duncan stated that the response to his listing has been immediate, with multiple serious inquiries from both current Anthropic staff and early investors. He described the process as complex but feasible. The banker emphasized that he is not seeking publicity but rather a practical solution to obtain more stock, as direct investment with the company is reserved for massive institutional players. He explained that his firm has already seen productivity gains from using Claude Code, which they believe could triple throughput and cut costs by half, prompting his desire for greater exposure. While purchasing shares on the secondary market is an alternative, Duncan warned that such transactions often involve high fees and opaque ownership structures. This is not the first time a tech asset has been traded for real estate. Historical precedents include the famous 2005 deal where artist David Choe accepted Facebook stock in lieu of cash for mural work, and various real estate leases during the dot-com era that were paid in startup equity. Some observers on social media have dismissed the offer as a publicity stunt or a sign of a market bubble, joking about the rarity of the asset being traded. However, Duncan maintains the authenticity of the deal. He acquired his current Anthropic holdings during the 2024 funding round and now seeks to increase his position as he witnesses the tangible benefits of the technology within his own firm. Despite the frenzy, he clarified that the company has not responded to direct inquiries, reinforcing his reliance on the secondary market to expand his portfolio.