A data room is an online platform for secure information exchange during due diligence. Data rooms are great for any business with high stakes whether you’re planning an M&A deal or closing an investment, or conducting another high-risk business transaction. Users can quickly access and share documents while ensuring the security of the files.

During the due diligence phase of any business deal, investors will need to look over various important corporate documents including contract review, shareholder agreements, and more. This exchange of information can be difficult and time consuming if it is handled in an email chain or shared drives. A virtual data room allows the legal departments and other stakeholders to collaborate securely on critical documents.

As a founder it’s crucial to understand what investors want from your data space in order to deliver quickly and efficiently. There are some key items you can incorporate into your data room that will help you stand out.

1. Team Information

Investors often request a list of www.deadbeats.at/guitar-hero-customer-review/ current team members’ jobs. If you can provide this in a concise section, it will make the process a lot easier.

2. Competitive Analysis

Investors are likely to be interested in knowing about your competitor’s strengths and weaknesses. If you can include a consolidated competitive analysis of your top competitors in the information room, it can demonstrate the depth of your research and to speed up the process.