Data room technology allows companies to securely share and store documents during corporate transactions, such as M&A deals, fundraising and other business events. Virtual data rooms enable businesses to stay clear of the security risks that are associated with generic file sharing tools or sending confidential documents by email, which are usually not encrypted and don’t provide an audit trail.
The right VDR provider makes it simple to share data, thanks to a highly intuitive interface and features that allow due diligence to be faster and more efficient. It is also ultra-secure and ensures that data is only accessible to those who need to see it. Premium providers also provide 24/7 support to resolve technical issues, or provide guidance on how to optimize a data room’s usage.
A well-structured and engaging data room will help you to provide the most relevant information to your audience, whether 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 an enormous benefit when you’re presenting a virtual roadshow because it allows investors to concentrate on the main aspects you’re presenting, instead of having data room technology to deal with detailed information and complicated analysis.
Be sure to share only a subset when sharing retention or engagement metrics. For example users who spend more than 20 minutes each day on your app, or have added five or more friends. Over-sharing can confuse or overwhelm your audience.