DATA // BUSINESS STRUCTURE // DOCUMENTATION
Are you pitch ready? Ready to enter into virtual, physical and metaverse rooms to present your pitch? Then you will need a variety of data, documentation and business structure or regulation in order to pass due diligence with an investor, fund or syndicate.
- Your Data Room is where you tell your startup's story via datA -
The better you are at getting ready before an investor decides to invest, the faster the decision process will flow if you have all pieces lined up to present.
Organizing your Data Room is simple.
- You may have it stored as an extension or private page on your platform or website, or use popular free tools like Google Drive or Dropbox.
- Encrypt or apply read-only rights to the documents to ensure that they aren't duplicated or downloadable.
In the same way we advise having different versions of a pitch deck and pitch process for investors versus partnerships, we advise you to have two different data rooms:
1/ one for investors who are potentially ready to invest in your round
[this file/page includes all your sensitive financial models, IP/proprietary agreements, trademark/copyright documents]
2/ another for investors who are still on the fence about investing and simply contains your pitch deck, business structure and financial models - nothing proprietary
Compile your documents depending on the geographical jurisdiction that you are based in and operating from, as well as round raising. For example, the SAFE as a fundraising instrument is standard, but may be recognized in different forms in your home country.
Articles of Incorporation
Board of Directors' documentation
Board meeting minutes, actions
FAST Agreements [for advisors]
Employee list - titles and compensation
Go-To-Market [G2M] Strategy
Legal Documentation [disputes, paperwork, if any]
Profit & Loss Statements
Monthly Proforma/Financial Statements
Annual Proforma/Financial Statements
Line of Credit/Loan Agreements
Proprietary Software Licenses
Open Source Software
Technology Investments [Server integration, additional software, etc]