importantSYS.SOURCE: TechCrunch• 2026-07-22T18:02:57Z

Menlo Ventures' Matt Murphy on Anthropic's Strategic Growth Drivers Beyond Model Capabilities

#ai #startups #venture capital #growth

Menlo Ventures' Matt Murphy highlights Anthropic's rapid growth to a $47B revenue run rate, attributing success to strategic execution rather than model capabilities. He emphasizes unprecedented scaling in the AI sector compared to past tech waves.

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 Anthropic’s $500M Series D, and Murphy has had a front-row seat as the company went from a pre-revenue, […]

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