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    Menlo Ventures’ Matt Murphy explains what AI startups founders must do differently

    Menlo Ventures partner highlights why Anthropic's record-breaking growth is rewriting the rules for AI founders.

    Anthropic leaped to a $47 billion revenue run rate by May, compared to $9 billion in 2025. It’s the kind of growth that Menlo Ventures' Matt Murphy says he's never seen in 25 years of investing, not in the internet wave, not in mobile, not in the first cloud boom. Menlo led Anthr...

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    Menlo Ventures’ Matt Murphy explains what AI startups founders must do differently
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    The explosive revenue growth at Anthropic marks a historic shift in capital efficiency and market adoption for generative AI firms. Investors now prioritize startups that can demonstrate rapid scalability beyond mere model development to achieve sustainable enterprise value.

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