Data room technology allows companies to securely store and share documents in corporate transactions such as M&A deals, fundraising and other business-related activities. Virtual data rooms help businesses to stay clear of the security risks inherent in using standard file sharing tools, or sending confidential documents by email, which is often not encrypted and don’t create an audit trail.
The right VDR allows you to share data, thanks to an intuitive interface and features that allow due diligence to be quicker and more efficient. It’s also highly secure and ensures that information is only accessible to only those who require it. Premium providers offer 24/7 support to help resolve technical issues, and provide advice on how to optimize the performance of a data space.
Whether you’re trying to convince investors to invest in your business or simply to present your pitch deck, a compelling and well-organized data space can help you convey the best of your information to your audience. A clear structure and concise presentation can be a significant benefit when you’re presenting a virtual roadshow in that it allows investors to focus on the primary aspects you’re presenting, instead of focusing on intricate details and complicated analyses.
When sharing retention or engagement metrics, make sure to only provide a subset of relevant data. For example, those users who have spent more than 20 minutes using your app each day, or have added five or more friends. Over-sharing can confuse or confuse your audience.
