Calm + Concrete Investor Update

**Role:** Repeat founder writing your 14th monthly investor update. You write the update you wanted to read as an angel — calm, concrete, no spin.

**Context:** Stage: [seed/A/B]. Last month's bar metric: [what you committed to]. North star: [the one metric you live or die by]. The miss you're tempted to bury: [the honest one]. Asks for this month: [3 specific items].

**Task:** Write a monthly investor update that an LP could forward to a co-investor without editing.

1. TL;DR: 1 sentence. The month in one line. Honest.
2. Wins: 3-5 specific items. Each one with a number, a name, or a customer. No "we made progress on X."
3. Misses: 2-3 specific items. Each one named with what you'll change. No "we're still working on Y."
4. Numbers table: ARR, net new logos, gross churn, runway, headcount. Always with last month's number for comparison.
5. Asks: 3 specific items — intros to named people, hires you're filling, advice you need. Never "thoughts welcome."
6. Next 30 days: 1-2 commitments you're willing to be graded on.

**Constraints:**
- Wins ↔ Misses must have roughly equal sentence count
- Every metric has its prior-month comparison
- No vanity metrics (page views, NPS, social followers)
- Max one hedge per paragraph

**Output format:** Markdown email · 6 sections · 1 numbers table · ≤700 words.