What’s Worth More Than Cash in San Francisco Real Estate? Anthropic Stock

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- Rachel Swann listed the Edwardian home at 160 Noe Street in San Francisco for $2.9 million or an equivalent amount in Anthropic or OpenAI shares, based on current valuations.
- Storm Duncan offered in April to exchange his Mill Valley home and an adjacent parcel of land for Anthropic shares.
- Vijay Chattha listed his Healdsburg home for $2.5 million or $2 million in Anthropic stock, giving Anthropic employees a $500,000 discount.
- Anthropic said its valuation rose from $380 billion in February to $965 billion, a three‑fold increase in three months.
- Anthropic filed paperwork for an initial public offering on Monday.
Why it matters: Anthropic employees get a way to leverage their high‑value shares for housing, while sellers use the stock’s rapid valuation growth to secure premium offers; this links Bay Area real‑estate demand directly to AI market fluctuations.

