Menlo Ventures Raises $3 Billion, Its Largest Fund Ever
Menlo Ventures has raised $3 billion, the biggest haul in its 50-year history. It is funded, in effect, by a single bet on Anthropic that is now worth about $14 billion. Most venture funds are sold on a promise. Menlo Ventures’ new $3 billion is sold on a receipt. The firm announced the raise on Tuesday, its largest [...].
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