A virtual dataroom for startups is an efficient tool that assists acquirers and investors to get a clearer picture of the company’s due diligence valuation, offers, and due diligence. The best VDR can accelerate the entire process and eliminate delays caused by lack of clarity.
It is important to finish filling the dataroom of your startup as soon as possible in the beginning stages. This will help you save valuable time that could be better spent on pursuing other opportunities. Furthermore, it is important to include the most important sections that make the experience for investors as seamless as possible. These key sections typically comprise:
Documents for the Company’s Organization
This section contains the most crucial company documents like articles of organization and business certificates, as well as tax information, and legal documents. Investors should confirm the authenticity of these documents and the startup’s status as a corporation prior to making an investment decision.
Pitch Decks
Founders should upload their pitch decks to their data rooms, even though they are likely to be revised many times before settling on the final pitch deck that they will use when they meet with investors. If possible, it’s also a good idea include a short presentation video of the product.
Financial Information
This can include historical financial statements and projected ones, as well the assumptions and sources that shaped the projections. Investors will want to understand the financial position of the company to determine how they can assist the company achieve its objectives.