investor updates

“The truth of your business, the facts of your business, those things are critical, but just as important are the surrounding stories around what's happening within the business.”

“And I quickly noticed that the entrepreneurs who were sending the updates in the same format as At the same time of the whatever month, week or quarter were people that were making more progress than the people that would change the format all the time. Someti…”

“The best scalable way I've seen to leverage your cap table is sending out, whether it's monthly or quarterly updates, and putting your explicit top two or three asks at the beginning of that email.”

“And at the end of the day, how can someone be helpful if they don't know the full picture, right? So I think if you're not starting from the initial view of I'm going to be honest, transparent, say actual problems, then you've like already failed.”

“Some of the best investor updates I see are in a monthly cadence. They really kind of keep it on a rigid schedule and they have the key numbers. They have the trends around those numbers and they have the goals. They also have the highlights and lowlights arou…”

“I think if you don't send the updates, then you're halved in terms of re-commitments for next round.”