Investors have plenty on their plate when they’re reviewing your company. The due diligence process can be expedited and made more efficient by having all the data in one place. However, the way you gather and organize the files can have a significant impact on the ease with which they can be accessed. Any investor or authorized party is looking to spend hours sorting through a plethora of documents that are irrelevant.
What should be included in an investor data room?
There are many things you can include in your investment data rooms that can make your company stand out from crowd and increase the chance of your venture being funded. Ideally, you want to provide the http://dataroomnote.com/on-premises-vs-off-premises-database-the-difference/ most relevant information, while being mindful not to over-share or over-share or overwhelm.
While it is typical to include a presentation in your data room it could not be a suitable location to display the most important information about your product, such as product roadmaps or the product’s market fit. Instead, you can include an even more extensive slide that outlines your product’s roadmap over a specific time frame, and includes all the relevant information for each milestone.
You could also add a section in your data room to include the team’s biography, which includes more than your founders. This can provide a greater overview of your team’s strengths of tenacity, value, and value as well as highlighting the amount each member owns. You can use this area to provide better resumes for your team members, or include a section for customer references to demonstrate your appreciation for your customers.