Founders

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!

Building @frens | @orangedao | @a16zcrypto CSS

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.