What you will learn
- The fixed parts of every report
- The questions to ask yourself
- How to rate and what it does
Chapter 1What a report contains
- Metrics for the period: the required ones (revenue, users or customers) and up to 6 the startup chooses.
- What was done and what was spent.
- Next steps and risks and problems, with links and files.
- Status and average rating. Delivered, delivered late or not delivered.
Chapter 2Six questions
- Are the figures moving in the promised direction?Compare them with the previous report.
- Does spending match the plan?The use of funds and the current milestone.
- Does it mention problems?A report with no problems at all is suspicious.
- Does it provide evidence?Links, invoices, screenshots.
- Do the next steps bring the next milestone closer?
- Did it arrive on time?It has a 3-day margin after each period.
Chapter 3Rating with stars
At the end of each report, under “Rate the report”, you give 1 to 5 stars and, if you like, a comment for the founder. Your rating feeds the average every investor sees on the page. Rate the report, not your mood: is it honest, complete and useful?
Separately, from the chat you can rate the people you share a startup with: 3 to 5 stars add +0.2 to their trust score (up to +5 in total) and 1 to 2 subtract −0.5 (down to −5). You can change your rating whenever you like.
Rating reports and voting earn you trust too.
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