Why Menlo Ventures Backed Anthropic Before It Had Revenue @20VC
Why Menlo Ventures Backed Anthropic Before It Had Revenue @20VC
Uploaded July 2026 | Updated September 2026, 2 weeks ago
Menlo Ventures backed Anthropic before it had revenue.⁠⁠

Matt Murphy says the bet came down to Dario Amodei and a pre-launch model matching ChatGPT’s performance after spending roughly 1/50th of the capital.⁠⁠

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Why Menlo Ventures Backed Anthropic Before It Had Revenue

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