When I mention this to most founders, they groan and tell me how difficult this can be. It is really frustrating for passive investors to get no updates, in spite of having invested thousands of dollars in your start-up. Give us all a Christmas present and do something about it.
Over the last few years, a number of start-ups have created tools that can help you keep your investors informed and happy.
Check them out (and choose one to work with):
- Visible - Crystal clear performance insight for startups and their investors.
- Compass Monitor - Compass Monitor is a portfolio tracking tool for consultants, advisers and investors. Directly monitor progress via automatic data connections to your portfolio companies.
- Invrep - Investor Reporting for Startups and SMEs
- IncMind - Our mission is to provide entrepreneurs with a unique online platform to manage their projects and documents, share company updates and data with key stakeholders, find and keep investors happy, keep control of your business and access a suite of best practice resources for future growth.
- TrepScore - TrepScore is an intelligent data management system designed for entrepreneurs. Using your data, the system handles many of the tedious tasks that waste your time and mental energy every day.
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