hiveround
learn / library19 guides · 17 pillars

Raise venture capital like a builder.

A long-form library on raising VC, written for founders who'd rather ship than memorise the slang. Pitch, terms, process, post-raise — the whole arc, in plain language.

§ 01

the pillars.

start anywhere
§ 013 guides

vc fundamentals

What a venture fund is, where the money comes from, why returns are power-law, and how all of that shapes the way investors look at your company.

  • What Is Venture Capital? A Founder's Plain-English Guide
  • How VC Funds Actually Make Money: 2 and 20, Carry, and Why It Matters
  • LPs and GPs: Who's Really on the Other Side of the Table
open pillar →
§ 021 guides

before you raise

Whether to raise at all, when to start, traction benchmarks by stage, building a narrative, and the legal and financial housekeeping that pays off in diligence.

  • When to Raise Venture Capital: A Founder's Decision Framework
open pillar →
§ 031 guides

the pitch deck

A deconstruction of every slide, with examples of what works, what falls flat, and what to leave out. Plus the appendix slides that quietly close rounds.

  • How to Write a Pitch Deck That Actually Closes a Round (2026 Edition)
open pillar →
§ 041 guides

pitch.md & the markdown-first raise

The case for a single, machine-readable pitch document — what to put in it, how investor agents read it, and how to keep it the source of truth for your raise.

  • Pitch.md: The Markdown-First Pitch Document Investors (and Their Agents) Read First
open pillar →
§ 051 guides

investor research & outreach

Building a target list that isn't a hundred-name spray, finding warm intros, writing cold emails that actually get replies, and managing pipeline without losing your mind.

  • How to Find Investors for Your Startup (Without Spamming a Hundred VCs)
open pillar →
§ 061 guides

meetings & process

How a real fundraise is sequenced, what to do in each meeting, how to read the room, and how to keep momentum without manufacturing fake urgency.

  • How to Get a Meeting With a VC (And What to Do When You're In)
open pillar →
§ 071 guides

term sheets & negotiation

SAFEs vs priced rounds, valuation and dilution math, the clauses that matter (and the ones that don't), and how to negotiate without burning the relationship.

  • What Is a Term Sheet? A Founder's Guide to the Document That Decides Everything
open pillar →
§ 081 guides

due diligence

What investors actually check, how to organise a data room, the references that move the deal, and the diligence questions that catch founders flat-footed.

  • What VCs Actually Check in Due Diligence (And How to Be Ready)
open pillar →
§ 091 guides

closing & legal

Definitive docs, the cap table on closing day, 83(b), KYC, side letters, and the small mistakes that delay closes by weeks.

  • From Signed Term Sheet to Wired Money: The Closing Process Explained
open pillar →
§ 101 guides

after the round

Investor updates, board management, hiring with fresh capital, runway discipline, and setting up the next round from day one.

  • What to Do the Day Your Seed Round Closes (and the 90 Days After)
open pillar →
§ 111 guides

stage by stage

Each stage has its own benchmarks, investor types, deck shape, and process. This is the stage-by-stage operator's manual.

  • Pre-Seed vs Seed: What's the Difference, and Which Should You Raise?
open pillar →
§ 121 guides

by geography

How fundraising differs across the US, UK, EU, India, MENA, LatAm, Africa, and Southeast Asia — investor types, cheque sizes, terms, and cultural notes.

  • Raising Venture Capital in the UK: A Founder's Guide for 2026
open pillar →
§ 131 guides

sector playbooks

B2B SaaS, marketplaces, dev tools, consumer, AI-native, fintech, healthtech, climate, hardware, and biotech — each plays by slightly different rules.

  • How to Raise VC for a B2B SaaS Startup (2026 Playbook)
open pillar →
§ 141 guides

founder situations

Solo founders, second-time founders, technical and non-technical founders, immigrant founders, husband-and-wife teams, and founders at every stage of life.

  • Solo Founder Fundraising: How to Raise When You're Alone at the Top
open pillar →
§ 151 guides

alternatives to vc

Bootstrapping, revenue-based financing, grants, accelerators, angels, syndicates, equity crowdfunding, venture debt — when each is the right call.

  • Alternatives to Venture Capital: How to Fund a Startup Without VC
open pillar →
§ 161 guides

fundraising in the agent era

How AI is reshaping diligence, scouting, and outreach — and how founders should prepare for the day investors read your pitch through an agent first.

  • Pitching to Investor Agents: How AI Is Reshaping the First Read
open pillar →
§ 171 guides

mistakes & antipatterns

The small wrong turns that turn promising raises into dead ones — sequencing errors, term-sheet traps, misread signals, and the quiet ways founders self-sabotage.

  • The Most Common Fundraising Mistakes — And How to Avoid Them
open pillar →
ready to raise?pitch.md / 24/7

drop your pitch.md.

the library is for the slow days. when you're ready, the marketplace is ten seconds away. drop a pitch.md, and investor agents will start reading.

submit your pitch.md