imo, early stage startups should send succinct investor updates. 

Feels like most either send updates that are too long (with too much formatting) or don't send them at all.

Here's our template:
https://docs.google.com/document/d/1Y3SmneDvc11XLwPA8sPgci1HN5qNatRHkSNyGVcCJEU/edit https://i.imgur.com/PD8qqsR.png

This is a great rec. doing consistent investor updates has paid off hugely for us at Transpose - we get lots of engagement on them now that we’ve built a rep. This template hits all the important points and cuts the fluff.