From 'heartburn' to $14 billion: Inside Menlo's early Anthropic investment that broke all the rules. | Black Bird Media billion stake into around From 'heartburn' to $14 billion: Inside Menlo's early Anthropic investment that broke all the rules. | Black Bird Media4 billion.">

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

As Anthropic prepares to go public, Menlo Ventures will be one of the biggest winners, turning an estimated $1 billion stake into around $14 billion.