How to send effective investor updates | Startup Finance Basics w/ Kruze's Scott Orn | E1632
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 9 December 2022
⏱️ 24 minutes
🧾️ Download transcript
Summary
Kruze COO Scott Orn is back with Jason to explain how founders can nail their investor updates!
(0:00) Kruze's Scott Orn joins Jason to discuss the MOST important metrics and information that founders should include in their investor updates to make them concise and effective
(11:49) Other non-financial items to include
(14:50) How to break bad news to investors
Check out Kruze: https://www.kruzeconsulting.com
FOLLOW Scott: https://twitter.com/scottorn
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood
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Transcript
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| 0:00.0 | All right, everybody, welcome back to startup basics. |
| 0:01.6 | This week in startups.com slash basics. |
| 0:03.7 | If you want to see the complete collection of illegal, |
| 0:07.4 | financial and customer-based basics, |
| 0:10.6 | we do with our top partners. |
| 0:12.4 | We're an investment firm. |
| 0:13.3 | We invest in a hundred companies a year. |
| 0:15.2 | We rely on service providers to help our startups |
| 0:18.7 | keep things tight because tight is right. |
| 0:20.3 | And one of the people who helps us do that |
| 0:22.0 | is Scott Warren, who is the COO of cruise consulting. |
| 0:26.0 | They're an accounting firm that is specialized |
| 0:30.5 | to work with startups. |
| 0:32.1 | In other words, you like the pain and suffering |
| 0:34.8 | in the exhilaration like I do of watching companies |
| 0:37.7 | attempt to get product market fit and turn on revenue. |
| 0:41.4 | You're addicted to it like me. |
| 0:43.0 | Ever, you know, I always tell people |
| 0:44.4 | everyone at cruise is like that. |
| 0:46.2 | The people at cruise could work at any accounting firm |
| 0:48.3 | and they choose to work at cruise or work with startups |
| 0:50.4 | because they love founders. |
... |
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