Data room technology allows companies to securely keep and share important documents in corporate transactions like M&A deals fundraising rounds, M&A deals and other business-related activities. Virtual data rooms enable businesses to avoid the security risk associated with using general file sharing software or sending confidential documents via email, which are often not encrypted and don’t create an audit trail.
The best VDR provider makes it easy to share information, thanks to a an intuitive interface and features that help make due diligence faster and more efficient. It’s also extremely secure, ensuring that data is only accessible only to those authorized to see it, and not accidentally shared with others. Premium providers offer 24/7 support to assist with technical issues, and provide advice on how to optimize the performance of a data space.
If you’re trying to convince investors to invest in your business or simply present your pitch deck, a compelling and well-organized data room will assist you in presenting the most effective of your information to your audience. A concise and clear presentation can be an advantage when you’re doing a virtual roadshow. It allows investors to concentrate on the main issues, instead of being involved in the finer details or lengthy analysis.
When sharing retention or engagement metrics, ensure that you only include a subset of the relevant data. For instance users who have spent more than 20 minutes in your app per day or have added five or more friends. Over-sharing can confuse or overwhelm your audience.
