Data room technology can help companies securely keep and share important documents during corporate transactions such as M&A deals as well as fundraising rounds and other business-related activities. Virtual data rooms allow businesses to avoid security risks associated with the use of standard file sharing tools, or sending confidential documents by emails, which are typically not encrypted and don’t create an audit trail.
The right VDR allows you to share data, with an easy-to-use interface and features that make the due diligence process faster and more efficient. It’s also highly secure and ensures that data is only accessible to those who need to see it. Premium providers provide 24/7 support to help you resolve technical issues and provide guidance on how best to use the efficiency of a data room.
A well-structured and engaging data room will allow you to provide the most relevant information to your audience, whether you are trying to convince investors to back your company or simply presenting your pitch deck. A concise and clear presentation is an advantage when you’re conducting an online roadshow. It allows investors to focus more on the main factors, rather than being involved in the finer details or lengthy analyses.
When sharing engagement or retention metrics, make sure to only include a portion of the relevant information – for instance those who have spent more than 20 minutes on your app each day or have added five or more friends. Over-sharing can confuse and confuse your audience.