After closing a round, you have new responsibilities: board governance, investor reporting, and fiduciary duties. Monthly investor updates should cover: key metrics, wins, challenges, asks (what you need help with), and cash/runway status.
Key Takeaways
- Send monthly investor updates — no excuses.
- Include: metrics, wins, challenges, asks.
- Transparency about problems builds trust.
- The "asks" section is how you leverage your investor network.