From 'heartburn' to $14 billion: Inside Menlo's early Anthropic investment that broke all the rules.

Source: Business Insider

Anthropic co-founder and CEO Dario Amodei (left) with Menlo Ventures partner Matt Murphy last year. Menlo VenturesAs Anthropic prepares to go public later this year, Menlo Ventures will be one of the biggest winners. The firm's initial investment made little sense under its normal playbook, and it declined to lead the round.