Best Venture Capital Blogs in 2026: 12 Written by Investors

In our view, the venture capital blogs most worth reading in 2026 are written by investors who show their reasoning: Tomasz Tunguz (Theory Ventures) for data, Hunter Walk (Homebrew) for seed judgment, Brad Feld for deal and fund mechanics, First Round Review for operating playbooks, and Paul Graham for how founders think. All 12 picks below were checked for new posts in September 2026.

Plenty of "best VC blogs" lists are graveyards, full of links that stopped posting years ago. We tried not to add another. Below is what each blog is for, how often it publishes, and a reading system that turns all of it into skill. They're our picks, not a definitive ranking.

How we chose these venture capital blogs

We used three filters. Other readers may reasonably weigh different ones:

1. Written by a practitioner. Every entry is written or published by a person or firm that invests. News sites, aggregators, and vendor content marketing are excluded.
2. Still publishing. We checked each site in September 2026. Every entry has published within the past year, and most posted within the past month. One archive (Fred Wilson's avc.com) is included alongside his active new home because the old material is still, in our view, among the strongest on its subject.
3. Teaches something you can apply. Each blog earns its place by making you better at one of the analyst's core jobs: sourcing, evaluating, structuring, or supporting companies.

The list is grouped by job, not ranked. A few publishers also appear in our other lists in a different format (noted below), so you're not reading the same thing twice.

For deal math and fund mechanics

Tomasz Tunguz. Tunguz is the founder and a general partner of Theory Ventures, after nine years as a partner at Redpoint and an earlier stint as a Google product manager. His blog posts short, chart-driven pieces on AI, SaaS, and venture most weekdays, and the same posts go out free by email (his site cites more than 150,000 readers, which is why he also appears in our newsletter list). Read it for the discipline: one quantitative point per post, and a chart to prove it.

Feld Thoughts. Brad Feld, co-founder of Foundry and Techstars and co-author (with Jason Mendelson) of Venture Deals, has written this blog since 2004. He still posts a few times a month, now ranging across AI, books, and life as much as venture. The archive on term sheets, boards, and how funds operate is, to our reading, still one of the clearest free explanations of the industry's plumbing.

AVC (and the avc.com archive). Fred Wilson, a partner at Union Square Ventures, blogged at avc.com for more than twenty years before announcing in May 2024 that new writing would live at avc.xyz. The new site posts less often than the old blog (the latest post we found was from June 2026), often on AI agents and crypto. The avc.com archive stays up and holds his MBA Mondays series, roughly 200 posts that ran from 2010 to 2013 on business basics such as cap tables and employee equity.

For seed-stage judgment

Hunter Walk. Walk co-founded Homebrew, a seed firm that no longer takes outside LP capital and now invests its partners' own money. He posts a few times a month about the decisions seed investors face. A July 2026 post, for example, argued that early-stage funds of $100 million or less should hold almost no reserves for follow-ons. His posts are short and opinionated, and you'll often disagree with them, which is exactly why they're good preparation for a venture capital case study interview.

Elad Gil. Gil, author of High Growth Handbook and an investor in companies such as Airbnb, Stripe, and Figma, writes Elad Blog on Substack. He publishes only a handful of long posts a year (the latest in April 2026, on AI and unicorn market cap), so subscribing by email may be easier than checking back. Few posts, but each one is worth the wait if you're trying to build a thesis you can defend.

Paul Graham's essays. Graham co-founded Y Combinator, and essays such as "Do Things that Don't Scale" and "How to Get Startup Ideas" shape how a generation of founders and seed investors talk. He is still writing: "Making Startups Powerful" appeared in September 2026. For an investor, the value is knowing the founder's frame well enough to recognize the real thing on a first call. The index is long, so one option is to start with the six recurring ideas in Paul Graham's essays rather than the most recent post.

For portfolio support, markets, and frameworks

First Round Review. First Round Capital's publication runs long, interview-based articles on hiring, management, product-market fit, and go-to-market, and has done so for more than a decade without ads or a paywall. We think its "Paths to Product-Market Fit" series is well worth reading for anyone who will support portfolio companies. New pieces arrive weekly. (Its podcast, In Depth, is in our podcast list.)

Atlas by Bessemer Venture Partners. Bessemer publishes sector roadmaps, research reports, and its Cloud Index here, including a June 2026 guide to scaling AI-native engineering teams. When a partner asks for your view on vertical AI or healthcare software, Atlas is a well-argued starting point to disagree with.

a16z. Andreessen Horowitz publishes essays, market maps, and data across AI, American Dynamism, bio and health, consumer, crypto, enterprise, and fintech, with new pieces most days (also sent free through its a16z.news Substack). Useful for market framing, with one incentive to keep in mind: the firm writes about markets it invests in. Read it the way you'd read any smart, interested party. (Its podcast, The a16z Show, is in our podcast list.)

NFX Library. Venture firm NFX publishes weekly essays for pre-seed and seed founders, and its site says more than 322,000 startup teams read them. The standout is the Network Effects Manual, which catalogs 16 types of network effects. We consider it one of the strongest free frameworks for judging whether a marketplace or platform will get stronger as it grows.

SaaStr. Jason Lemkin, who sold his startup EchoSign before founding SaaStr and SaaStr Fund, publishes several posts a day on B2B software: sales hiring, go-to-market, metrics, and how VCs think. Nobody reads all of it. Skim the headlines and read what matches a company you're working on.

Y Combinator Library. YC's library collects essays, talks, and videos on fundraising and company building, including a dedicated collection of Paul Graham's essays. YC's SAFE documents page lists the three current post-money SAFE forms. Read one in full at least once rather than relying on a summary. It's shorter than you think.

Venture capital blogs at a glance

Cadence is our read of each site's recent posts in September 2026 and will drift, so check before you subscribe.

A reading system that turns venture capital blogs into skill

Reading 12 blogs passively mostly produces the feeling of being informed. The system below takes less time and leaves you with a work product.

1. Subscribe by RSS or email, not by feed. Social feeds tend to surface whatever gets engagement. An RSS reader or one inbox folder surfaces what you chose.
2. Assign each blog a job. Tunguz for benchmarks, Walk and Gil for judgment, First Round and Atlas for portfolio support, Feld and AVC for fund mechanics, NFX for marketplaces and platforms.
3. Keep a "claims log." Every time a post makes a specific, checkable claim (a benchmark, a prediction, a rule of thumb), log it in one line with the date and source. Six months later you may have a private reference library more useful than any single blog.
4. Write one response a week. Take one post and write 300 words agreeing, disagreeing, or applying it to a company in your deal flow. Publish it on LinkedIn or a personal site. This becomes the raw material of the thesis hiring managers ask about, and it's the most direct way we know to do the job before anyone hires you for it.
5. Drop what you stop using. If a blog hasn't changed a decision or a memo in three months, unsubscribe.

Pair this with the best venture capital newsletters for daily deal news, the best venture capital podcasts for long-form interviews, and the best venture capital books for the foundations, and you have a fairly complete self-education stack.

Where reading stops and practice starts

The strongest blogs on this list are investors thinking out loud. What none of them can hand you is the moment a founder's retention chart contradicts the deck open in front of you. Summaries are getting cheap; we'd argue judgment is the part AI won't take, and judgment only comes from reps. 1752vc's Venture Fellow program is built around that moment: eight weeks of live virtual sessions spent on case studies and real pitch materials, finishing with a certification and a network of 400+ trained Fellows across 20+ cohorts. It takes aspiring VCs, professionals moving into investing, and founders who want to understand how investors decide. Reading teaches you how investors think.

Arguing a real company teaches you whether you do.

Key takeaways

• In our view, the venture capital blogs most worth following are written by active investors who show their reasoning, and all 12 here were checked for recent posts in September 2026.
• Tomasz Tunguz is a strong pick for benchmarks; Hunter Walk and Elad Gil cover seed-stage judgment; Feld Thoughts and AVC cover deal and fund mechanics.
• First Round Review, Bessemer's Atlas, a16z, and NFX are among the strongest free resources for supporting portfolio companies and building market views.
• Fred Wilson now writes at avc.xyz; the avc.com archive, including MBA Mondays, stays online.
• A claims log and one written response per week can turn reading into the thesis and work samples that VC hiring managers ask for.

Frequently asked questions

What are the best venture capital blogs to follow?

Strong choices in 2026 include Tomasz Tunguz, Hunter Walk, Feld Thoughts, AVC, Elad Gil, Paul Graham's essays, First Round Review, Bessemer's Atlas, a16z, the NFX Library, SaaStr, and the Y Combinator Library. Each is written or published by active investors, and each posted new material within the past year.

Is Fred Wilson's AVC blog still active?

Yes, but at a new address. Fred Wilson announced in May 2024 that he would stop posting at avc.com and write at avc.xyz instead, and the new site was still publishing in 2026 (most recently in June). The avc.com archive, including his 2010 to 2013 MBA Mondays series, remains online.

Which VC blogs are best for learning startup metrics?

Tomasz Tunguz posts short, data-driven pieces on AI and SaaS metrics most weekdays, and SaaStr covers B2B go-to-market numbers daily. Bessemer's Atlas adds sector research and its Cloud Index. For round sizes and valuations, pair them with Carta's data newsletter, covered in our newsletter guide.

How do I use venture capital blogs to break into VC?

One approach is to assign each blog a job, keep a log of specific claims and benchmarks, and write one short public response a week applying a post to a real company. Over six months that can produce the thesis, market knowledge, and writing samples that hiring managers screen for.

Are VC firm blogs like a16z and First Round biased?

Firm blogs publish to attract founders and to shape the markets they invest in, so they are worth reading for frameworks and data with the incentive in mind. First Round Review is operating-focused and interview-based, while a16z and NFX publish more thesis-driven pieces and posts about their own investments.

Sources

• Tomasz Tunguz: About
• Feld Thoughts: About Brad Feld
• AVC: I've Moved Onchain
• AVC: MBA Mondays
• Homebrew: Home
• First Round Capital: First Round Review
• NFX: The Network Effects Manual
• Paul Graham: Making Startups Powerful