Anthropic

“Ah, but really when you think about the players today, I think the three contenders today are really Anthropic, Google, And OpenAI, and I think Microsoft and Meta are sort of fast followers, ah, and Apple is the dark horse.”

“If you don't create enough of a deep expertise in a certain area, you know, ChatGPT, Anthropic, they are going to cut into you, which you are seeing probably with coding agents, you know, Windsurf and Cursor. Clearly they have grown very fast, but I expect Cha…”

“They're almost quasi public companies. They could go public tomorrow based on the financials that we're seeing.”

“Do we think in three years, OpenAI and Anthropic are going to keep doing launch parties for each model? No, at that point, it's just going to be a product release, right? And you're not going to see behind the scenes which model is it five, is it 15, is it 25,…”

“And I've heard this in conversations where a VC would be like, do you, do I invest in startups, which is like a risky business and I'm still getting a 10 X return or do I just put my money in Anthropic and I'll just get a 10 X return without doing any work. So…”

“In their top three priorities, killing Harvey will not be their top three priorities. I mean, they're like, how do I make the next hundred billion in revenue? So, I mean, that is their thought process. So then Harvey can always be like, okay, then my top goal …”

“In, in my view, where a startup can at least have a path to a hundred million in revenue, and this is still theoretical here to get played out in practice, just from observations from our portfolio company executing, is institutional knowledge in your domain w…”

“It is killing that market. I think there is, that market is now finding its own niches, and Anthropic clearly realized that if 50% of my API revenue is going to come from vibe coding, they will Claude code and be like, I can still build the best vibe coding sy…”

“For example, coding. Anthropic has gotten the best model. Now, OpenAI is trying to catch up. But when it comes to reasoning definitely OpenAI models and Google models are better. Imaging like Anthropic sucks.”

“Now, in the AI wave, I feel if you're heads down and you're focused, you don't know what's going to come hit you from the left or right. You are one anthropic press release away from not having a business ahead of you.”

“Anthropic and open AI and everyone wants to get into the services business. It's just areas that you didn't think they'd get into.”

“It's going to be quite a while before Cloud Cowork solves that problem.”

“I do think these you know, models of OpenAI, Anthropic, Google have definitely gotten to the point where they are within a sort of hair's breadth of each other, ultimately. Yes, there are the, in domain A, one model might be better, in domain B, the other mode…”

“I mean, a lot of people also passed Anthropic at Seed and Series A and Series B and Series C. For them, Anthropic was very expensive.”

“The parts which I think I would say we are less excited about. Is generally things around the SDLC right now. Because the challenges in SDLC, you're in the way of anthropic and open AI. So hard to underwrite anything on what direction they'll take. And honestl…”

“So I don't think an open AI or an anthropic will ever go to Nike and say, I will help you win. Because that's unfair.”