TechCrunch AI
7/22/2026

Menlo Ventures’ Matt Murphy explains what AI startups founders must do differently
Short summary
Menlo Ventures partner Matt Murphy shares insights on what AI startup founders must do differently, drawing from Anthropic's explosive growth to a $47B revenue run rate. Menlo led Anthropic's $500M Series D and Murphy calls the growth unprecedented across 25 years of investing. The article provides strategic guidance for founders navigating the current AI boom.
- •Anthropic hit $47B revenue run rate by May, up from $9B in 2025
- •Menlo Ventures' Matt Murphy calls it unprecedented growth in 25 years of investing
- •Murphy offers strategic advice for AI startup founders
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