There’s a brand new gold rush mentality sweeping the Bay Space, however this time individuals aren’t panning for gold — they’re chasing OpenAI and Anthropic inventory. As OpenAI and Anthropic transfer nearer to potential IPOs, Silicon Valley is bracing for a wave of newly minted millionaires. And a few San Francisco householders are attempting to get in earlier than that occurs, in line with The New York Times.
When actual property investor Nima Gabbay listed his three-bedroom San Francisco dwelling for practically $3 million, he added an uncommon supply: He would settle for shares of OpenAI or Anthropic as cost. Two OpenAI workers reportedly tried to make a deal, together with one who provided greater than $1 million over asking.
“There’s a little bit of a gold rush scenario proper now in San Francisco,” Gabbay instructed The New York Instances.
San Francisco dwelling gross sales above $10 million have doubled over the previous six months, and one dwelling lately bought for $15 million, practically twice its asking worth.
Some sellers consider AI inventory might respect quicker than actual property itself. One Sonoma County home-owner even provided a $500,000 low cost off his asking worth if a purchaser paid with Anthropic shares.
There’s a brand new gold rush mentality sweeping the Bay Space, however this time individuals aren’t panning for gold — they’re chasing OpenAI and Anthropic inventory. As OpenAI and Anthropic transfer nearer to potential IPOs, Silicon Valley is bracing for a wave of newly minted millionaires. And a few San Francisco householders are attempting to get in earlier than that occurs, in line with The New York Times.
When actual property investor Nima Gabbay listed his three-bedroom San Francisco dwelling for practically $3 million, he added an uncommon supply: He would settle for shares of OpenAI or Anthropic as cost. Two OpenAI workers reportedly tried to make a deal, together with one who provided greater than $1 million over asking.
“There’s a little bit of a gold rush scenario proper now in San Francisco,” Gabbay instructed The New York Instances.
San Francisco dwelling gross sales above $10 million have doubled over the previous six months, and one dwelling lately bought for $15 million, practically twice its asking worth.
Some sellers consider AI inventory might respect quicker than actual property itself. One Sonoma County home-owner even provided a $500,000 low cost off his asking worth if a purchaser paid with Anthropic shares.
