Anthropic Investor Blasts Traditional Venture Capital

Summary

Anjney Midha, an early Anthropic investor, argues traditional venture capital firms failed LPs by missing the AI revolution and that the industry needs a generational reset. He says he is still buying Anthropic and expects public markets to reward frontier AI equities more rationally than VCs. He also explains Stripe's OpenRouter acquisition as a strategic security move for the agentic internet.

• Midha says 21 of 22 VCs passed on Anthropic despite clear AI scaling laws.
• He remains heavily invested in Anthropic, has increased his stake, and calls it AMP's largest position.
• He expects Anthropic's IPO to provide liquidity and public markets to reward AI equities more rationally than VCs.
• He criticizes institutional VC leadership as stale and calls for a new generation of angel investors.
• He says OpenRouter's behavioral transaction dataset is valuable for detecting rogue AI agents.
• He interprets Stripe as a payments fraud and security company and sees the acquisition as securing the agentic internet.