Data room technology can assist companies securely keep and share important documents in corporate transactions like M&A deals, fundraising rounds and other business activities. Using virtual data rooms means companies can avoid the security risks of using generic file-sharing software or sending confidential documents via email, which is typically not encrypted and special info doesn't create an audit trail.
The best VDR provider makes it easy to share information, with a highly intuitive interface and features that help make due diligence quicker and more efficient. It's also extremely secure, ensuring that information is only accessible to those who are entitled to have access to it, and is not accidentally shared with anyone else. Premium providers offer support 24/7 to help you resolve technical issues and provide guidance on how to improve the data room.
If you're trying to convince investors to invest in your company or simply to present your pitch deck, a compelling and well-organized data room will help you present the best of your information to your audience. A well-organized structure and a concise presentation can be a huge benefit during a virtual roadshow because it allows investors to concentrate on the main points you're making, instead of having to deal with intricate details and complicated analyses.
When sharing engagement or retention metrics, make sure to only include a small portion of the relevant data. For instance, those users who have spent more than 20 minutes using your app per day or have added more than 5 friends. Over-sharing will only cause confusion and overwhelm your audience.
