Menlo Ventures’ Matt Murphy explains why Anthropic is winning (and it’s not the model)

Market Intelligence Analysis

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Why This Matters

Financial market analysis indicating bullish sentiment based on current trends.

Sentiment
Bullish
AI Confidence
60%
Time Horizon
Short Term

Article Context

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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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Summary

Financial market analysis indicating bullish sentiment based on current trends.

Time Horizon

Short Term

Original article published by TechCrunch on July 22, 2026.
Analysis and insights provided by AnalystMarkets AI.