Startup investing is exciting. It’s a young market that’s just getting to show its strength and stability. But one thing that is often frustrating about startup investments is the lack of updates. When you’ve put your hard-earned money into a company, it’s only normal to want to know what they’re doing.
Startups rarely provide their investors with regular updates on their performance. There are some founders out there who keep up communication. But they’re often the exception to the rule. And that silence can easily make you nervous about your investment.
So What Can You Do?
At KingsCrowd, we do what we can to keep you up to speed on startups that are raising funds. However, once a raise has ended, there’s not much we can do. We will provide updates on companies that we’ve previously rated as Top Deals or Deals to Watch. But what about all the rest?
Don’t worry. There are still some solid strategies you can use to keep up with your favorite startups. Make sure to follow them across social media (Facebook, Twitter, Instagram, and LinkedIn). Check to see if they have a newsletter and sign up for it if they do.
For more in-depth tracking, use Google Alerts. Lastly, services like Owler can give you deeper insight into financials and current news (their Basic Plan is free).
The best is to use all these methods in conjunction. That way you get the most comprehensive report possible on what a startup is doing.
Patience is Key
Startup investing is a long-term game. But it’s still nice to know what’s going on with the companies you’ve chosen to support. We hope these methods help you keep track of your investments and the startups you love. If you know any other good options, let us know! We’d love to hear from you: hello@kingscrowd.com.
