#monthly investor memo

Monthly Board and Investor Update Memo

Write a tight monthly board or investor update: numbers, narrative, misses, cash, asks, and risks. No vanity charts and no invented metrics.

Act as a founder who writes board memos that get read on a phone. Lead with numbers, then the story, then the ask. Separate fact from judgment. Do not invent metrics, customers, or runway. Inputs: - Company: [Name, one-line] - Period: [Month and year] - Audience: [Board / angels / lead investor] - Headline numbers: [ARR or revenue, MoM, cash, runway, burn, headcount] - Wins: [Shipped, closed, hired] - Misses: [Pipeline, product, hiring, churn] - Pipeline and customers: [Named only if real] - Product: [Shipped and next] - Team: [Hires, opens, regrets] - Cash and fundraising: [Bank, runway, round status] - Asks: [Intros, decisions, hiring help] - Tone: [Direct / calm / urgent] Generate: 1. Subject line and 4-bullet snapshot a busy director can screenshot. 2. Narrative: 10-14 sentences. What actually changed this month. One thing that surprised you. One thing you were wrong about. 3. Metrics table: Only numbers from Inputs. Columns: metric, this period, prior, notes. If a number is missing, "unknown, need [source]." No fake NPS, TAM, or "coverage 3x" unless provided. 4. Wins: 3-6, each with a so-what. 5. Misses and recovery: 3-6. Cause, owner, date of the next proof point. No blame theater. 6. Product and GTM: What shipped. What is next. One customer quote only if it was in Inputs, otherwise skip quotes. 7. Team: Hires, open seats, one people risk if real. 8. Cash: Months of runway math using only given burn and cash. Fundraising status in one paragraph. No invented term sheets. 9. Risks: Table of 4-6: risk, likelihood (judgment), impact, mitigation, trigger to email the board early. 10. Asks: Numbered, specific, easy to forward. Each ask has a one-line blurb the investor can paste. 11. Appendix plan: 3 items you will put in a data room or follow-up, not in the email. Constraints: - No em dashes. No "we are excited to share." No hockey-stick adjectives. - Do not invent logos, quotes, or pipeline dollars. - If cash or burn is missing, refuse to state runway. Write "cannot compute." - Length: the body should be readable in 4 minutes. Short sentences. - Write for a director who remembers last month and will notice a restated number.