As a general rule, angel investors are pretty low key as far as maintenance. Most startups using angel investors to get off the ground usually plan an aggressive reporting plan for investors. It’s exciting to give updates on what is happening in the business and because so much happens so quickly in the beginning, weekly or bi-weekly updates are easy to accomplish. There’s new marketing, new sales, new clients, and new goals being developed. Then, the startup becomes more stable, and the day to day running may start taking priority over contact with your angel investors. Soon you’re contacting quarterly, then your angel investor is contacting you for updates. That should never be happening. Being low maintenance is one thing, being ignored is unacceptable.
Why and How to Update Your Angel Investors - Successful Startup 101
Posted by tabithajeannaylor under MarketingFrom http://www.successfulstartup101.com 3095 days ago
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