Data room technology allows companies to future technologies securely share and store documents during corporate transactions like M&A deals, fundraising events and other business activities. Virtual data rooms enable businesses to stay clear of the security risks that are associated with common file sharing tools or sending confidential documents by email, which is often not encrypted and don’t provide an audit trail.
The right VDR makes it easy to share data with an intuitive interface and features that make the due diligence process faster and more efficient. It’s also highly secure, ensuring that the information is only accessible to those who are supposed to have access and is never accidentally shared with others. Premium providers also provide 24/7 support, helping to resolve technical issues or offer advice regarding how to maximize a room’s usage.
Whether you’re trying to convince investors to support your business or simply presenting your pitch deck, an engaging and well-structured data room can aid you in presenting the best of your information to your audience. A concise and clear presentation can be an advantage when you’re doing a virtual roadshow. It lets investors concentrate on the key points, rather than getting lost in the nitty-gritty details or intricate analyses.
Make sure you only share a subset when sharing retention or engagement metrics. For example users who have spent more than 20 mins per day in your app or have added five or more friends. Oversharing can confuse and overwhelm your audience.