Data room technology allows companies to securely store and share important documents during corporate transactions such as M&A deals or fundraising rounds as well as other business activities. Using virtual data rooms means businesses can avoid the security risks of using standard file-sharing tools or sending confidential documents via email, which is typically not encrypted and doesn’t create an audit trail.
The right VDR allows you to share data, with an user-friendly interface and features that help make due diligence faster and more efficient. It’s also extremely secure and ensures that information can only be accessed by those who need to see it. Premium providers offer support 24/7 to help you resolve technical issues, and provide advice on how to improve the efficiency of a data room.
A well-organized and engaging information room can help you present the most effective information to your audience, whether you’re trying to convince investors to invest in your business, or simply presenting your pitch deck. A well-organized and clear presentation can be an enormous benefit during a virtual roadshow because it allows investors to concentrate on the main points you’re making, rather than struggling with the finer details and intricate analyses.
Be sure to share only a subset when sharing engagement or retention metrics. For example, users who spend more than 20 mins per day on your app, or have added five or more friends. Oversharing can cause confusion and overwhelm your audience.
