Capitaly early access is opening now. New insights every week on venture and fundraising.Subscribe on Substack
Capitaly insights

Fundraising

Practical guides to planning a raise, preparing materials, managing diligence, and closing capital.

Guide

Bill Gurley's Latest Warning to Late-Stage Investors

Bill Gurley warns late-stage investors on discipline, valuation compression, and AI bubble risk. What founders need to know about market reset.

TCThe Capitaly Team
Read more
Guide

Why Canva's Global Strategy Still Informs AI Founders in 2026

Learn how Canva's international expansion playbook applies to AI founders raising capital in 2026. Real mechanics, cap table lessons, and fundraising insights.

TCThe Capitaly Team
Read more
Guide

The Case Against the $100M Seed Round

Why ultra-large seed rounds hurt dilution, board dynamics, and hiring discipline. Real examples of mega-seed failures and better alternatives.

TCThe Capitaly Team
Read more
Guide

Chamath's 2026 Thesis, From the Latest All-In Segment

Chamath Palihapitiya's 2026 economic thesis decoded: what founders need to know about GDP growth, capital availability, and sector rotation in 2026.

TCThe Capitaly Team
Read more
Guide

Claude 4.7 for Founders: 10 Workflows That Replace a Chief of Staff

10 Claude 4.7 workflows for founders: investor updates, board prep, cap tables, financial modeling. Replace a chief of staff with AI-powered automation.

TCThe Capitaly Team
Read more
Guide

The Complete Guide to Agentic Startup Metrics (Beyond MRR)

Master agentic startup metrics: task completion rate, cost-per-agent-action, autonomy score. Real benchmarks by vertical for founders raising capital.

TCThe Capitaly Team
Read more
Guide

How Cursor's $10B Valuation Rewrites the Dev Tools Playbook

Cursor's $10B valuation reshapes AI dev tools economics. What it means for founders, comps, and the future of software development.

TCThe Capitaly Team
Read more
Guide

The Data-Room-Free Raise: Is It Possible in 2026?

Can founders skip data rooms in 2026? When streamlined fundraising works, and when it backfires. Real examples, mechanics, and investor expectations.

TCThe Capitaly Team
Read more
Guide

December 2025 Fundraising State of the Nation

December 2025 fundraising data: deal volume, valuations, and market trends. Real numbers on capital raising for founders and investors.

TCThe Capitaly Team
Read more
Guide

Doug Leone's Retirement and Sequoia's Next Chapter

Doug Leone steps back from Sequoia Capital. What his departure means for deal flow, partner structure, and the future of one of VC's most storied firms.

TCThe Capitaly Team
Read more
Guide

A Field Guide to the 2026 Emerging Manager Landscape

Map the 2026 emerging manager landscape by stage, geography, thesis, and check size. A field guide for founders and operators seeking capital.

TCThe Capitaly Team
Read more
Guide

Five VC Thesis Documents Every Seed Founder Should Read

Study these five public VC thesis documents before pitching. Learn what top funds actually look for in seed investments and align your pitch.

TCThe Capitaly Team
Read more
Guide

The Founders Who Spoke at All-In Summit: Quick Portrait of Each

Meet the founders who took the All-In Summit stage. Profiles, companies, and insights on their capital raising journeys and investment theses.

TCThe Capitaly Team
Read more
Guide

Sunday Dispatch: The Founders Who Quietly Crossed $10M ARR

How founders crossed $10M ARR without announcements. Patterns, playbooks, and the quiet growth thesis reshaping startup fundraising.

TCThe Capitaly Team
Read more
Guide

The Friday Term Sheet Drill: Red-Line This in 10 Minutes

Master term sheet red-lining in 10 minutes. Learn which clauses matter most, negotiation priorities, and real-world examples for founders closing VC deals.

TCThe Capitaly Team
Read more
Guide

The Greycroft Portfolio Update: What It Reveals About 2026 Thesis Shifts

Analyze Greycroft's latest portfolio moves and what they signal about venture capital thesis shifts for 2026. Deep dive into their strategy.

TCThe Capitaly Team
Read more
Guide

Sunday Deep Dive: The Hidden Economics of Bridge Rounds

Bridge rounds explained: mechanics, hidden costs, dilution traps, and how to structure them cleanly. Real examples for founders raising capital.

TCThe Capitaly Team
Read more
Guide

Saturday Feature: How AngelList Reinvented the Syndicate

How AngelList syndicates transformed angel investing and early-stage fundraising. A deep dive into the product evolution that changed cap tables forever.

TCThe Capitaly Team
Read more
Guide

How Harvey AI Became a Billion-Dollar Legal Platform

Trace Harvey AI's journey from founding to $11B valuation. Learn enterprise GTM strategies, funding milestones, and what founders can apply to their own.

TCThe Capitaly Team
Read more
Guide

How Ramp Hit $300M ARR Without Changing Its Pitch

Ramp's five-year pitch stayed consistent while ARR exploded to $300M. Here's what founders can learn about narrative discipline and scaling.

TCThe Capitaly Team
Read more
Guide

How to Build a Fundraising Narrative When You Have 3 Months of Data

Learn how early-stage founders craft compelling fundraising narratives with minimal traction. Use market signals, retention data, and founder-investor fit.

TCThe Capitaly Team
Read more
Guide

How to Pitch Khosla as a Deep-Tech Founder

Master pitching Khosla Ventures as a deep-tech founder. Learn thesis alignment, deck structure, storytelling, and insider tactics from Khosla's portfolio.

TCThe Capitaly Team
Read more
Guide

How to Read a Capital Call Notice, and Why Founders Should Care

Understand capital call mechanics from the LP side. Learn why founders benefit from knowing how investors fund their commitments and manage cash flow.

TCThe Capitaly Team
Read more
Guide

How to Read a Pitchbook Report Like a Working Founder

Master PitchBook reports in minutes. Extract the 3 critical data points every founder needs to know about market trends, competitor funding, and valuation.

TCThe Capitaly Team
Read more