VCs rarely lose deals on valuation alone for top companies
Matt Murphy · Will Open-Source Threaten Anthropic's Business & Do Margins Matter in a World of AI | Matt Murphy · Jul 27, 2026 · at 49:07
Matt Murphy is a partner at Menlo Ventures. He discusses how valuation impacts competitive venture capital deals compared to investor-founder trust.
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“It's rarely just, like, straight up, you know, valuation, stuff like that. Yes, valuation can be painful. But for the right companies, you know, you do what it takes to be in.”
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