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AP

Avni Patel Thompson

01/31/19

@ Y Combinator

Keeping investors closely updated through monthly reports is crucial, especially during tough times, as it helps maintain transparency and accountability.

Video

YC

What Shutting Down Your Startup Feels Like - Avni Patel Thompson of Poppy with Kat Manalac

@ Y Combinator

What Shutting Down Your Startup Feels Like - Avni Patel Thompson of Poppy with Kat Manalac

01/31/19

Related Takeaways

AP

Avni Patel Thompson

01/31/19

@ Y Combinator

I conducted monthly investor updates to maintain transparency about our financial health and operational challenges.

EG

Elad Gil

10/18/18

@ Y Combinator

Monthly investor updates should clearly outline what assistance is needed from investors, along with key metrics and updates on the business.

YC

Y Combinator Cast

05/21/16

@ Y Combinator

It's important to maintain good relationships with investors, as they can provide valuable insights even if they don't invest.

CL

Carolynn Levy

09/20/19

@ Y Combinator

Communication with investors is crucial, as they expect you to turn their investment into a successful business, and maintaining that relationship is key.

YC

Y Combinator Cast

02/13/25

@ Y Combinator

Investors can help guide startups by encouraging transparency about financial metrics like runway and burn rate, which are essential for maintaining focus and discipline.

YC

Y Combinator Cast

02/24/15

@ Y Combinator

Transparency with your team during fundraising is crucial. Sharing both good and bad news helps maintain trust and keeps everyone aligned on the company's goals.

EG

Elad Gil

10/18/18

@ Y Combinator

It's important to be efficient in meetings with investors; busy people appreciate concise updates that respect their time.

SA

Sam Altman

05/02/17

@ Y Combinator

When a startup is failing, it's important to communicate openly with investors and ensure that employees are not left in the dark.

YC

Y Combinator Cast

08/23/24

@ Y Combinator

Public market companies must deliver consistent earnings, as missing a report can lead to stock declines and employee unrest, which distracts from long-term goals.