One of Anthropic's earliest backers shares where he's investing now, and offers advice to founders

Business Insider | 09-10-2026 04:27am |

Menlo Ventures partner Matt Murphy, who helped lead one of the earliest investments in Anthropic three years ago, shared insights on his current investment focus and offered advice to founders. Menlo Ventures is expected to be one of the biggest winners when Anthropic goes public, with a stake estimated at around $14 billion. In an interview with Chief Correspondent Ben Bergman, Murphy discussed how the money pouring into major AI companies is impacting the broader funding environment and where he is looking for the next big opportunity.

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