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

Anthropic leaped to a $47 billion revenue tally rate by May, compared to $9 billion in 2025. It’s the benignant of maturation that Menlo Ventures’ Matt Murphy says he’s never seen successful 25 years of investing, not successful the net wave, not successful mobile, not successful the archetypal unreality boom. Menlo led Anthropic’s $500M Series D, and Murphy has had a front-row spot arsenic the institution went from a pre-revenue, pre-launch stake to 1 of the astir invaluable startups retired there. 

On this occurrence of TechCrunch’s Equity podcast, Julie Bort talks with Murphy astir backing Anthropic earlier anyone other would, wherefore a large exemplary was ne'er the point, and what’s driving the fastest-growing startups he’s ever seen. 

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