I love this idea. Investor updates are one of the little things that feel painful to do at first, especially if you don't have much traction, but end up being quite impactful in terms of building relationships. People look at you differently when they can see & be part of the whole story behind your company, not just the façade you put forward at meetings, parties and such.<p>The one critique of this essay I have is that the suggested investor update format is too long. I would cut it to two graphs, one or two sentences on metrics, and at most five bullets giving updates on company priorities and where you need help.