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

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 :)