# Anthropic backer on AI funding and the next big bet

> Menlo Ventures partner Matt Murphy, who backed Anthropic early, discusses how AI money is reshaping venture capital and where founders should look next.
- Title: Anthropic backer on AI funding and the next big bet | Shortify
- Summary: Menlo Ventures partner Matt Murphy, who backed Anthropic early, discusses how AI money is reshaping venture capital and where founders should look next. Matt…
- Keywords: menlo ventures, matt murphy, anthropic, venture capital, ai funding, business, technology, backer, funding, next, big, bet
- Source: Business Insider — https://businessinsider.com/one-of-anthropics-earliest-backers-shares-where-hes-investing-now-2026-10
- Read time: 1 min
- Topics: menlo ventures, matt murphy, anthropic, venture capital, ai funding, business, technology
## Early Anthropic backer speaks out
Three years ago, Menlo Ventures partner Matt Murphy helped lead one of the earliest investments in Anthropic, the AI company expected to go public soon.
## Menlo's stake worth billions
Menlo Ventures will be one of the biggest winners when Anthropic goes public, with a stake estimated at around fourteen billion dollars.
## Murphy on AI's impact on funding
Before the IPO, Murphy sits down with Chief Correspondent Ben Bergman to discuss how money pouring into major AI companies is impacting the broader funding environment and where he's looking next.
## Key takeaway

Matt Murphy of Menlo Ventures, an early Anthropic backer, discusses how major AI funding is affecting the broader venture landscape and his search for the next opportunity.