This web page was created programmatically, to learn the article in its unique location you possibly can go to the hyperlink bellow: https://www.linkedin.com/posts/tyler-denk_fun-story-on-why-every-founder-should-send-activity-7482802501143031808-4pGYand if you wish to take away this text from our web site please contact us [ad_1] Fun story on why each founder ought to ship a month-to-month investor replace, even should you don’t have any buyers but: A companion at Lightspeed had been making an attempt to fulfill me for months. He was continuously in my DMs / e-mail however I ignored all the pieces (too busy constructing). He ultimately tricked me right into a founders dinner in LA and provided to sit down me subsequent to Jessica Alba (she nonetheless hasn’t replied to my DM btw). After that dinner, I added him to my month-to-month investor replace listing. He acquired the identical month-to-month updates about beehiiv (wins / failures / metrics / technique) as everybody else. Four months later, I made a decision to boost. > emailed him on a Saturday morning > signed a time period sheet the next Friday Thanks to the updates, he already knew all the pieces there was to know concerning the enterprise. The outcome: a $12.5M Series A in lower than per week. I by no means even made a pitch deck. If you’re questioning whether or not you must write investor updates (you must), I'm going into far more element on how I do it right here: p.s. Here’s one in every of my favourite pictures from the archives. After we signed the time period sheet, my cofounders flew out to LA only for this photoshoot. We wanted a pic for the Series A announcement however didn’t have any bc we’re all distant. [ad_2] This web page was created programmatically, to learn the article in its unique location you possibly can go to the hyperlink bellow: https://www.linkedin.com/posts/tyler-denk_fun-story-on-why-every-founder-should-send-activity-7482802501143031808-4pGYand if you wish to take away this text from our web site please contact us