A major Anthropic investor shrugs off losses

Detailed summary

Anthropic IPO expectations, Menlo Ventures’ Matt Murphy, and OpenAI skepticism highlight massive AI valuations unsettling VCs.

Hello. Welcome to the first edition of VC Insider! We’re excited to land in your inbox every Thursday. We’ve been covering venture capital for a long time, but we’ve never seen a pace of dealmaking like this, with such eye-popping valuations. Each week, we’ll make sense of the biggest stories in VC and get beyond the chatter to reveal what Silicon Valley’s sharpest minds are actually thinking, not just what they’re posting on X or LinkedIn. -Ben and Katie This week is SF Tech Week here in San Francisco, aka Andreessen Horowitz marketing week. The free flood and drinks are flowing, and for some reason, there are two blimps floating over the Bay.

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