Data rooms allow companies to securely store and share documents in corporate transactions such as M&A deals, fundraising events and other business events. Utilizing virtual data rooms, businesses can avoid the security risks of using generic file-sharing tools or sending confidential documents via emails, which are often not encrypted and doesn’t leave an audit trail.
The right VDR makes it easy to share data with an user-friendly interface and features that help make due diligence quicker and more efficient. It’s also highly secure and ensures that data is only accessible to those who need to see it. Premium providers also provide 24/7 support, helping to solve technical issues or provide advice regarding how to maximize a room’s use.
It doesn’t matter if you’re trying convince investors to invest in your company or simply present your pitch deck, an engaging and well-organized data space can assist you in presenting the most effective of your information to your audience. A clear and concise presentation can be a significant advantage during a virtual roadshow, as it allows investors to focus on the most important points you are making, instead of having to deal with detailed information and complicated analysis.
When sharing retention or engagement metrics, make sure to only include a subset of the relevant data. For instance the users who have spent more than 20 mins in your app per day, or have added 5+ friends. Oversharing will only confuse and overwhelm your audience.