Hitting it big betting on startups in the AI era will be a lot harder, but Silicon Valley might not feel the worst of it

Anthropic cofounder and CEO Dario Amodei with Menlo Ventures partner Matt Murphy in 2024. Menlo Ventures This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. I wish I could have gotten in early on that company. With AI company valuations acting like rocketships, it's easy to play the "what if" game. The reality is the process isn't as simple as writing a check and watching your money multiply many times over. (...