Turner Novak
Matt Murphy of Menlo Ventures discusses the firm's early $4B pre-revenue bet on Anthropic, the subsequent $500M SPV raise, and how intentional team-building and technical hiring transformed Menlo into a top AI investor—offering lessons on conviction, flexibility, and navigating hypergrowth markets.
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Topics: Venture Capital & Startups · AI (Horizontal)
Published by Turner Novak · their site ↗
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