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matt mcilwain

T3 · host / generalist

Managing Director at Madrona Venture Group, leads the annual IA40 list of top AI companies and invests in early-stage AI applications.

1 call·1 name·100% bull·last heard 25 days ago·Bloomberg Tech
track record

no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

top calls

highest conviction · one per company
1stmedium conviction
$ANTHROPICAnthropic

Madrona's McIlwain: Successful Anthropic IPO could open AI IPO gates in 2027

Anthropic's public debut will serve as a bellwether; if well-received, it will unlock public market access for other high-value AI companies on the IA40 list like Databricks and potentially OpenAI.

Bloomberg Tech2026-08episode →

most discussed · click a bar to filter

  • $ANTHROPIC

recurring themes

  • AI Coding Agents1
  • IPO Market1
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$ANTHROPIC
Anthropic
MEDmatt mcilwain·Bloomberg Tech·25 days ago·Nvidia Deepens Chip Ties With $3.5 Billion MediaTek Bet | Bloomberg Tech 8/31/2026
Madrona's McIlwain: Successful Anthropic IPO could open AI IPO gates in 2027
Anthropic's public debut will serve as a bellwether; if well-received, it will unlock public market access for other high-value AI companies on the IA40 list like Databricks and potentially OpenAI.
"I THINK IT CLEARS OUT THE WAY FOR FUTURE IPO'S. I THINK THERE ARE A NUMBER OF COMPANIES ON THE LISTS THAT ARE GOING TO WAIT FOR THE ANTHROPIC IPO, NOT THE LEAST OF WHICH IS OPENAI…"
34:44
7
AI Coding Agentstailwind
Builder economy shifting from code generation to continuous learning loops with human-agent collaboration
The next wave of AI applications centers on "builders" — tools enabling continuous improvement via engagement data feedback loops (exemplified by Cursor) — moving beyond static code generation to adaptive human-agent systems.
7
IPO Marketmixed
Anthropic IPO timing to dictate 2025-2027 AI public market window per Madrona data
Madrona's IA40 data shows $500B+ raised by AI leaders; Anthropic's debut will test whether public markets absorb frontier model valuations, with success potentially opening gates for Databricks, OpenAI and others in 2027.