his comment is here /myvdronline.com/unlimited-resources-with-electronic-data-room/
A data room is an online storage facility that securely stores and shares sensitive business information. The most common use of data rooms is during due diligence, M&A or capital raising and capital raising, it prevents sensitive documents from getting into the hands of undesirable third parties. It makes the process of closing deals more efficient due to the fact that it allows multiple parties to review information and comment on it simultaneously. While there are plenty of free file sharing software available but they aren’t designed to meet the security demands that come with the storage and management of confidential business information. They do not have the same amount of permissions or auditing capabilities. They also do not have the same watermarking capabilities as a VDR.
Depending on the stage of your company, what you include in your data room may depend on the stage of your business. There are a few key items that investors will expect. These include:
1. Company history & growth. This could be a short section outlining your company’s founding story, a page that outlines your product and marketing vision and the key growth metrics, or a more detailed section detailing your business’s past, growth trends and market research (including engagement and retention metrics).
2. Team and organizational charts. This includes the number of team members, their roles and pay as well as titles and titles. This information is important to share with investors to help them understand the strengths of your team and how you plan to scale your business.
Remember to use a reliable data room solution like Firmex that is specifically designed for the purpose of keeping your data safe and secure. This will enable the process of funding and M&A easier, safer and more efficient.