http://dataroomsonline.net/4-tips-for-closing-a-venture-capital-deal-without-stress
Investors want to see plenty of information about your business and startup model. You must have an organized and easy-to-use investor data room, particularly if you are raising venture capital. The right investment due diligence data room makes your life simpler and speeds up the process.
Investors usually request information at two distinct places. The first is the data needed to create a terms sheet (which includes your pitch deck, as well as more precise versions of the VC’s analysis of your product-market fit, financial models, and cap table). The second set of data is more specific due-diligence information requested after you receive the term sheet. This includes a more comprehensive disclosure of company documents as well as securities-related documents, as well for material agreements and personnel.
You should also consider a professional-grade VDR with a user-friendly interface that allows you to upload or import large files in bulk, and then add watermarks. This ensures that investors have the most current information every day. The ability to monitor who’s the most interested in your data is another important aspect, as it can help you prevent leaks.
Some VCs claim that having an investor data room could delay the process of fundraising, as investors can ponder over each piece of information before deciding if they want to say yes or no. Many founders believe that they can go through the process faster by using a data room.