Maltese Falcon for Sale

Tom Perkins, the Belvedere-based owner of the 289-ft Dyna-Rig Maltese Falcon, has confirmed reports that his big boat is up for sale. He’s been quoted by other sources as saying that much of the joy for him was the project itself, and that he’s now interested in submarines. Perkins has always enjoyed innovation and riding the cutting edge. Some folks find it shocking that he would be willing to sell Falcon. Not us. After all, consider the asking price of 120 million euros. If other reports are to believed, he paid 120 million dollars for the boat, so if she sold for close to the asking price, he would have realized close to a 50% profit. That’s nothing for even a venture capitalist to sneeze at. In addition, it can sometimes be more difficult to find buyers for $170,000 boats than $170 million boats. But it will be interesting to see how it all plays out.