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Menlo Ventures’ Matt Murphy explains why Anthropic is winning (and it’s not the model)

AnthropicΒ leaped toΒ aΒ $47 billionΒ revenue run rateΒ by May,Β compared toΒ $9 billionΒ in 2025.Β It’sΒ the kind of growth thatΒ Menlo Ventures’ Matt MurphyΒ saysΒ he’sΒ never seen in 25 years of investing, not in the internet wave, not in mobile, not in the first cloud boom. Menlo led Anthropic’s $500M Series D, and Murphy has had a front-row seat as the company went from a pre-revenue, […]
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