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. Before the IPO, Murphy sits down with Chief Correspondent Ben Bergman to discuss how the money pouring into these major AI companies is impacting the broader funding environment, and where he’s looking for the next big opportunity.
