Selling a business often requires sharing sensitive documents and data with several buyers. Whether you are looking to sell your business or need to share sensitive information in a safe manner, a virtual room is the answer. A data room, also referred to as a due diligence virtual dataroom can provide the secure distribution and control that you require to conduct your transaction.

Requests for investor data are made throughout the entire process of deal flow but typically happen in two phases one stage: Stage 1 data required to create an outline of terms (e.g., financial models, product-market fit and cap table).

Stage 2 of the detailed due diligence request (e.g. security-related documents, material agreements, and more).

When creating a room for data, be aware that investors will want to navigate through the data and documents in a quick and simple way. To accomplish this, think about making a comprehensive list with required documents and a logical organization to make it easier for investors to locate the information they need. This can be accomplished through the use of folders, metadata and a consistent naming convention for documents.

Another tip is to avoid sharing a fragmented or unorthodox data in the data room. This can be confusing to investors and show a lack in understanding of your business. Include only the information relevant to your business and remove documents that are no longer valid. This will cut down on time and ensure that all parties have access to the most up-to-date and accurate information.

Angebot erhalten