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Brian Li 🍊👾
@bli.eth
One of the biggest mistakes I've seen first time founders make is not sending monthly investor updates. It's easy to make excuses like "too busy" or "no major changes", but the truth is those emails help you hold yourself accountable. It doesn't matter if the update says you're struggling or pivoting or low on runway—that just gives investors the context to help you earlier instead of when it's too late. Once someone has invested, you should never be afraid of sending them regular company updates!
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Dan Romero
@dwr.eth
Huge flag if early stage team doesn’t send investor updates
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Sam (crazy candle person) ✦
@samantha
That’s why I post my revenue each month publicly and some reflections. It’s not so much for other people but rather for me to reflect on what I did well/what I need to improve. Also gives me data on the things I’ve been lagging behind on MoM
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Clayton Mooney
@mooneymillions
100% agreed! We sent monthly updates for first 5 years to all investors, and then transitioned to sending monthly updates to board members. Accountability is key.
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Papajams
@papa
@kienfam 💙
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Charles Naut
@cnaut
The process of sending our monthly updates is in itself valuable to me for the accountability
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Purpleman 🎩😻
@jenson
Transparent communication is key to any successful business 🤝
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