A three-bedroom home in San Francisco’s Duboce Triangle neighborhood is on the market for $2,995,000, and the seller will take OpenAI or Anthropic stock instead of cash. It’s the kind of sentence that could only come out of San Francisco in 2026.
The listing at 160 Noe St., a 2,495-square-foot top-floor residence with two bathrooms, went live around May 28-29 and immediately drew a flood of inquiries. Listing agent Rachel Swann of the Swann Group reported an overwhelming response within 24 hours.
The seller, described as a luxury developer, is betting that shares in two of the most valuable private AI companies on the planet are worth more than their current inability to be traded on public markets.
The liquidity problem nobody talks about
Here’s the thing about working at a company valued in the hundreds of billions: you might be worth millions on paper and still not be able to buy a sandwich with your equity. That’s the reality for thousands of employees at pre-IPO AI firms like OpenAI and Anthropic, where shares can’t be freely sold on public exchanges.
