Data rooms allow companies to securely share and store documents during corporate transactions, such as M&A deals, fundraising events and other business events. Virtual data rooms allow businesses to avoid security risks associated with the use of generic file sharing tools or sending confidential documents by emails, which are typically not encrypted and do not provide an audit trail.
The right VDR makes it easy to share data, with an intuitive interface and features that help make due diligence faster and more efficient. It’s also extremely secure, making sure that information is only accessible only to those who are authorized to see it and never accidentally shared with anyone else. Premium providers also offer 24/7 support, helping to solve technical issues or provide guidance on optimising a data room’s usage.
A well-organized and captivating data room will help you to present the best information to your audience, whether you’re trying to convince investors to back your business, or simply presenting your pitch deck. A well-organized and clear presentation can be a huge advantage when presenting a virtual event in that it allows investors to focus on the most important points you’re making, instead of having to deal with intricate details and complicated analyses.
Make sure you only share an exclusive subset of engagement or retention metrics. For instance users who spend more than 20 minutes each day on your app or have added five or more friends. Oversharing can confuse and overpower your audience.