Streamline Due Diligence
As a founder, you’ve likely heard about virtual info rooms and exactly how they can streamline the homework process. These are generally secure internet platforms that store records https://onlinevdr.com/what-is-financial-reporting/ and data in a single location. This will make it easier to work together and access information each time.
Choosing a VDR is a critical decision which involves weighing operation, security, user-friendliness and pricing. Luckily, there are a number of comparison sites that help you produce an informed decision.
To your investor data area, you’ll wish to start simply by creating an index/table of contents doc that includes backlinks to all the sections of your details room (such because articles of incorporation, tax documentation and more). This will likely save shareholders a lot of time when they are searching for certain files.
What you ought to Include in Your Investor Info Room
Just about every business is unique, and the content you need to use in your data bedroom will vary. For example , a pre-revenue company will probably experience fewer financial records to share than a Series A firm with more strong financials.
You should also consider what you’ll need to show together with the investor to make sure that they invest. For example , you may need to divulge employee inventory agreements, HOURS documents or perhaps other delicate firm information that you’d somewhat keep private.
A professional-grade VDR should have a number of advanced features making it easy to upload/import documents and apply watermarks. Additionally , a great info room will need to provide precise, at-a-glance usage stats that allow you to track just how active your documents are with each potential investor.