Dan Romero pfp
Dan Romero
@dwr.eth
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
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Dan Romero pfp
Dan Romero
@dwr.eth
If you assume the person reading the update has 30 seconds and is reading on their phone waiting in line for coffee, you realize that it needs to be short and have minimal formatting.
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Aram Mughalyan.eth pfp
Aram Mughalyan.eth
@arammughalyan
Good one. You send this out quarterly?
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tomu pfp
tomu
@tomu.eth
thanks! good point on the 30 seconds. ours is a little bit longer with all product + bizdev updates Do you send it monthly?
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Jonny Mack pfp
Jonny Mack
@nonlinear.eth
how often do you send these?
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Mike Trotzke pfp
Mike Trotzke
@trotzke
Tend to agree about brevity, but would say visuals help with that too. Particularly when you review updates from many different companies and need to reset historical context to one quickly.
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Diogo pfp
Diogo
@diogo
that's is great!
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Patrick pfp
Patrick
@pc
Love this template, thanks for sharing.
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czar pfp
czar
@czar
Seems like a format one could use for sending weekly status.
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Michael Calvey pfp
Michael Calvey
@calvey
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.
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anishmaxxing pfp
anishmaxxing
@an1sh
Honestly also a good way to measure progress on a weekly/daily basis too
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borodutch pfp
borodutch
@warpcastadmin.eth
@briang https://i.imgur.com/BzhamPu.png
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phil pfp
phil
@phil
Here’s our latest: https://brightmoments.ck.page/posts/bright-moments-february-update
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Mac Budkowski ᵏ pfp
Mac Budkowski ᵏ
@macbudkowski
Nice template, like the shout-out section. When a few months ago, I decided to spend more time on web3, I started sending investors updates to myself to keep myself focused. Only I read them ofc, but writing updates helps to get a big picture :)
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David Furlong pfp
David Furlong
@df
love it
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Renee Bigelow pfp
Renee Bigelow
@reneeb
FWIW I would suggest one small-in-length but high impact addition. Add one quote, nugget, or story to the shoutout section. Except flip the script and let others do the shouting out for the company/product. Stories resonate and are remembered when stats are not and convey momentum better when they come from others.
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Ben Adamsky 💭 pfp
Ben Adamsky 💭
@ba
Love how it's laid out like a dashboard, ty for this!
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arnauramio.eth pfp
arnauramio.eth
@arnauramio
Thanks for sharing, always crucial to be transparent and show the progress done every month. #build 👏
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Mitko pfp
Mitko
@mitko
@save this to Notion
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Benji pfp
Benji
@benjif
It’s true but goes against your natural instinct. Less might be more but sometimes you feel a need to show how quickly you’re moving or how hard you’re working thus the need for detailed memos.
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