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

Key points

• Few things are more valuable in the Bay Area than real estate.
• In San Francisco, the median house price is now over $2 million.
• Last month, at least seven houses in the city sold for $1 million over the asking price, and buyers regularly offer to pay in cash or waive contingencies to stay competitive.
• Yet there is one thing that remains even more valuable than a house, and possibly more valuable than money itself: stock in Anthropic or OpenAI.
• Last week, 160 Noe Street, an Edwardian home in San Francisco’s desirable Duboce Triangle neighborhood, was listed for sale at $2.9 million—or the equivalent amount in Anthropic or OpenAI shares, as based on those companies’ current valuations.