What are the best practices for updating investors?
The best practices for updating investors include being transparent, providing regular updates, and focusing on key metrics.
How often should I send updates to my investors?
It's generally recommended to send updates quarterly, but you can adjust based on your investors' preferences.
What key metrics should I include in my updates?
Include metrics like revenue growth, customer acquisition costs, and any significant milestones achieved.
Should I include challenges faced in my updates?
Yes, being honest about challenges can build trust and show your proactive approach to problem-solving.
How can I make my updates more engaging?
Use visuals like charts and graphs, tell stories about your progress, and highlight team achievements to engage your investors.
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