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Why we send our friends investor updates

blog.yalabot.com

1–10 of 12 posts

Re: Why we send our friends investor updates

#2
I love this idea. Investor updates are one of the little things that feel painful to do at first, especially if you don't have much traction, but end up being quite impactful in terms of building relationships. People look at you differently when they can see & be part of the whole story behind your company, not just the façade you put forward at meetings, parties and such.

The one critique of this essay I have is that the suggested investor update format is too long. I would cut it to two graphs, one or two sentences on metrics, and at most five bullets giving updates on company priorities and where you need help.

Re: Why we send our friends investor updates

#3
We (http://www.opencagedata.com) are sending such updates. Only 3-4 metrics, less blog articles and more open thinking about future plans, priorities, conferences we attend. 6-8 paragraphs. We ask for feedback but at the same time stress that it's optional.

We get praise for being open, honest, on-time (once per month) and even send updates if there isn't anything new.

We're self-funded so strictly we don't have to send anybody any updates (other than the tax office).

Re: Why we send our friends investor updates

#4
post #3

We ( http://www.opencagedata.com ) are sending such updates. Only 3-4 metrics, less blog articles and more open thinking about future plans, priorities, conferences we attend. 6-8 paragraphs. We ask for feedback but at the same time stress that it's optional. We get praise for being open, honest, on-time (once per month) and even send updates if there isn't anything new. We're self-funded so strictly we don't have to…

Just a minor thing, I love your application (and the pricing) but the monthly/weekly switch on the pricing page has such a fine contrast between them that it was hard to tell that they were button.

#e3e3e3 is almost indistinguishable from #fff for me - 15' Macbook Pro 2015 Retina on maximum brightness using Google Chrome.

Re: Why we send our friends investor updates

#6

Good stuff. Try to always link to your website in your blog post. Read this post and the example, yet didn't visit their product as there was no link to it.

It already pushes the boundaries of "obvious promo post presented as some sort of operational wisdom". I think they realized their limits and held off making it too obvious.

Re: Why we send our friends investor updates

#7
post #4
post #3

We ( http://www.opencagedata.com ) are sending such updates. Only 3-4 metrics, less blog articles and more open thinking about future plans, priorities, conferences we attend. 6-8 paragraphs. We ask for feedback but at the same time stress that it's optional. We get praise for being open, honest, on-time (once per month) and even send updates if there isn't anything new. We're self-funded so strictly we don't have to…

Just a minor thing, I love your application (and the pricing) but the monthly/weekly switch on the pricing page has such a fine contrast between them that it was hard to tell that they were button. #e3e3e3 is almost indistinguishable from #fff for me - 15' Macbook Pro 2015 Retina on maximum brightness using Google Chrome.

Fixed that, thanks! Now that you mention it I see it as well (It was #fafafa even) and will review the other pages as well.

Re: Why we send our friends investor updates

#10
post #3

We ( http://www.opencagedata.com ) are sending such updates. Only 3-4 metrics, less blog articles and more open thinking about future plans, priorities, conferences we attend. 6-8 paragraphs. We ask for feedback but at the same time stress that it's optional. We get praise for being open, honest, on-time (once per month) and even send updates if there isn't anything new. We're self-funded so strictly we don't have to…

Off topic, but is there a technical reason to limit the Large package to 15 requests/sec ? Multiply that with the number of seconds in a day, and you'd go over your limit of 1M/day less than 30%. Even with minor fluctuation in traffic, you'll have dropped requests.
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