Reading up on Menlo Ventures

A Menlo Ventures partner says the AI boom has created a stark divide where roughly 10,000 people have achieved retirement wealth while many software engineers face layoffs and career uncertainty.

Enterprise generative AI spending surged 3.2x to $37B in 2025, with coding as the leading use case and Anthropic overtaking OpenAI in enterprise LLM market share.

Suno raised $250 million at a $2.45 billion valuation, with annual revenue reaching $200 million from subscriptions.