What Is the Purpose of a Data Room?
The data room was an actual physical space that gave access to private documents in high-risk business transactions such as M&A or IPOs. Virtual data rooms (VDRs) are an affordable and efficient method of managing sensitive information. Regardless of the size of your business you can take advantage of the security and convenience a VDR provides during critical business transactions. During the due diligence process, potential investors should review various...