{
 "id": "1.12",
 "title": "Investor update template",
 "department": "Company and strategy",
 "department_slug": "company-and-strategy",
 "direction": null,
 "branded": false,
 "status": "needs-you",
 "owner": "Param",
 "last_verified": "Mon Oct 26",
 "holds": "Monthly: numbers, wins, misses, asks",
 "urls": {
  "html": "https://handbook.joinsquareup.com/company-and-strategy/investor-update-template",
  "markdown": "https://handbook.joinsquareup.com/company-and-strategy/investor-update-template.md",
  "json": "https://handbook.joinsquareup.com/company-and-strategy/investor-update-template.json"
 },
 "other_directions": [],
 "tldr": {
  "headline": "A monthly investor note is written, but nobody has received one",
  "points": [
   {
    "icon": "book",
    "text": "Fixed order: numbers, wins, misses, asks, and what is next."
   },
   {
    "icon": "lock",
    "text": "Every number carries its source; partners are named only with a written yes."
   },
   {
    "icon": "warn",
    "text": "No update has been sent and no investor list exists."
   },
   {
    "icon": "clock",
    "text": "Send on the first Monday of each month, for the month before."
   },
   {
    "icon": "chart",
    "text": "Cash and burn lines wait for the spend ledger rather than guess."
   }
  ],
  "stat": null,
  "decide": "Who receives the monthly update? Proposal: money or credit backers plus two advisers, from the November update.",
  "mood": "waiting"
 },
 "sources": [
  "brand-directions/book/content/i.js i-8 deck: the update paragraph follows the deck's order",
  "brand-directions/BRIEF.md section 5 communication book, investor update paragraph; section 2 claims",
  "handbook content/company-and-strategy/north-star-and-goals.md, content/finance/credits.md, content/finance/spend-ledger.md",
  "memory: brew-live-stores, brew-gemini-provider"
 ],
 "open_questions": [
  "**Who receives it?** No list exists. Proposal: start with anyone who has put money or credits in, plus two advisers Param names, from the November update.",
  "**Do we report cash and burn?** Proposal: yes, from the spend ledger once it exists; leave the line out until then rather than guess.",
  "**Which name heads it?** Proposal: the legal entity until the product name is picked, then the product name."
 ],
 "parts": {
  "Answer": "The monthly update Brew sends investors, in a fixed order of numbers, wins, misses and asks; no update has been sent and no investor list exists, so the template is written and who receives it is Param's call.",
  "Today": "| Fact | Source |\n|---|---|\n| No investor update has been sent and no investor list is recorded in any source | [src: brand-directions/book/content/i.js i-8 deck] |\n| The book says the monthly update follows the deck's order | [src: brand-directions/book/content/i.js i-8 deck] |\n| Each direction's communication book was to hold an investor update paragraph | [src: brand-directions/BRIEF.md section 5] |\n| The claims rules hold: no invented results, no partner names without their yes | [src: brand-directions/BRIEF.md section 2] [src: brand-directions/book/content/i.js i-8 deck] |\n| Numbers we can already fill: partners live, credits left | [src: memory brew-live-stores] [src: memory brew-gemini-provider] |",
  "Tomorrow": "| Item | Version | Tag |\n|---|---|---|\n| The monthly update, this template | v1 | New |\n| A results line once Brew measures | v3 | New |\n| Revenue lines once billing exists | v1, after pricing | New |",
  "How we do it": "1. Send on the first Monday of each month, for the month before.\n2. Every number carries its source and the date it was read.\n3. Partners are named only with their written yes; otherwise say a partner.\n4. Copy the block below into the email, fill every angle bracket, delete nothing but the brackets.\n\n```text\nSubject: <Month> update, Yellow Monk Technologies\n\nNumbers\n- Design partners live on production: <n>, source: production brand list\n- Stores with a hand off this month, weekly average: <n> of <n>, source: brief records\n- Plays written this month: <n>, source: build logs\n- Cost per brand, measured: <$>, source: spend files and AI tags\n- Google credit left: <$> of $25,000, read <date>, source: Cloud Billing credits\n- Cash in bank: <amount>, read <date>\n- Monthly burn: <amount>, source: spend ledger\n- Revenue: <amount or none while pricing is parked>\n\nWins\n- <one line each, what happened and why it matters>\n\nMisses\n- <one line each, what we expected, what happened, what we change>\n\nAsks\n- <one specific ask each: an intro, a hire, advice on one question>\n\nWhat is next\n- <the next three things, from Next>\n```",
  "Numbers": "| Metric | Definition | Where measured | Status |\n|---|---|---|---|\n| Updates sent on time | Updates sent by the first Monday, out of months since the first | Sent mail | Proposed |\n| Each number in the block | As defined in north star, credits and spend ledger | Linked pages | Proposed |",
  "Open": "1. **Who receives it?** No list exists. Proposal: start with anyone who has put money or credits in, plus two advisers Param names, from the November update.\n2. **Do we report cash and burn?** Proposal: yes, from the spend ledger once it exists; leave the line out until then rather than guess.\n3. **Which name heads it?** Proposal: the legal entity until the product name is picked, then the product name."
 }
}