If you start a venture and take money from anyone besides your closest family and friends, you owe your investors an occasional update.
Once a month. Take an hour. Reflect on your progress and on your shortcomings. Be thorough. Think about asks.
It’s hugely appreciated.
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Like any relationship, expectations should be aligned up front. Investors might be able to help in unexpected ways but they can also be adversarial, leaky faucets. Info is another product that has value and shouldn’t necessarily come as a freebie when buying upside.
Why is so hated in the crypto community? Because they treat their customers like garbage.
reddit.com/r/KrakenLackOf