Sharing a template from a portco that I really love. They’ve set a high-bar, particularly when combined with the consistency of their updates.

Yes, founder time is incredibly valuable and they should only spend it on tasks that are most valuable for the company, yet writing down updates like these not only build confidence with your investors, it also helps you think more clearly yourself and helps you take out the time to reflect on a regular basis.
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Hi everyone,

I hope you had a great October! <Describe highlights of month>.

As always, see the condensed update below and the long form attached.

Metrics

  • October revenue: $X (+/- X%, MOM)
  • YTD revenue: $Y (EOY goal: Z, progress: Y/Z%)
  • Net burn: $X
  • Runway: X months

Highlights

  • <Enter key highlights about your product, hiring or business roadmap>

Lowlights

  • <Similarly, share lowlights on those fronts but also some of the operational challenges you may have faced >

How you can help

  • <Whatever you could use help with, incl if you want none. But get in habit of asking proactively>

The month ahead
<November targets, revenue, team, product, roadmap wise>

Have a great month ahead and talk soon!