Tue, 24 May 2022
Minimum Information an Investor Should Receive
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
After closing an investment round, the startup should set up a monthly report to the investors.
Here’s a list of information to send an investor:
Customer wins -- list out key sales successes. Celebrate every win.
Key metrics -- show the core 1-3 metrics that drive your business.
Cash on hand -- show the cash balance and runway based on current burn.
Employee status -- show changes and open positions you are trying to fill.
Challenges -- include a short list of challenges you currently face and what help you need.
Set up a template so you maintain the format and make the report easy to build each time.
Set expectations with the investors about the frequency -- monthly, quarterly, or other.
Include a set of financials showing the detailed picture so investors can find answers to detailed questions about the numbers.
For more episodes from Investor Connect, please visit the site at: http://investorconnect.org
Check out our other podcasts here: https://investorconnect.org/
For Feedback please contact firstname.lastname@example.org
Please follow, share, and leave a review.
Music courtesy of Bensound.
Direct download: Minimum_information_an_investor_should_receive.mp3
Category:general -- posted at: 6:00am CDT