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

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 An…

TechCrunch AI· Theresa Loconsolo, Julie Bort·Wednesday, July 22, 2026 at 2:00 PM UTC

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