I'm seeing a concerning trend among early-stage founders—holding off on investor updates because they feel each one needs to contain groundbreaking news.
This is completely backward.
The value of investor updates isn't in announcing major milestones. The value is in the consistency and transparency.
Even a short, simple update on a regular cadence is extremely valuable—both to your company and your investors.
For founders, these updates force you to assess your business objectively. For investors, they build trust.
Sometimes the most valuable updates are the ones that simply say "we're still working on X, we've encountered Y challenge, and we're trying Z next month."