Data rooms allow companies to securely store and share documents in corporate transactions such as M&A deals, fundraising and other business events. By using virtual data rooms, companies are able to avoid security risks associated with using generic file-sharing software or sending confidential documents via emails, which are often not encrypted and does not create an audit trail.
The right VDR provider makes it easy to share information with a highly user-friendly interface and features that allow due diligence to be quicker and more efficient. It is also ultra-secure and ensures that data is only accessible to only those who require it. Premium providers provide 24/7 support to assist with technical issues and offer advice on how to improve the efficiency of a data room.
A well-structured and engaging data room will allow you to present the best information to your audience, whether you are trying to convince investors that you support your business, or simply presenting your pitch deck. A well-organized structure and a concise presentation can be a significant benefit during a virtual roadshow in that it allows investors to concentrate on the main points you’re making, instead of focusing on the finer details and intricate analyses.
Be sure to share only just a small portion of your retention or engagement metrics. For example users who have spent more than 20 minutes a day on your app or have added five or more friends. Over-sharing can confuse and overwhelm your audience.