Business Insider·2 min read·medium

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

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Menlo Ventures partner Matt Murphy discusses his early investment in AI company Anthropic and his outlook on the current venture capital landscape. He offers insights into how massive funding rounds are shaping the future of AI development.

Why it matters

As AI companies command record-breaking valuations, understanding the investment strategy of major backers provides insight into the sustainability and direction of the AI boom.

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Three years ago, Menlo Ventures partner Matt Murphy helped lead one of the earliest investments in Anthropic. Menlo will be one of the biggest winners when the company goes public, with a stake estimated at around $14 billion.

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