If you’re about to start work on an M&A, IPO, or fundraising deal, you’re also about to come across virtual data rooms (VDRs). Lucky you!

A VDR allows multiple parties to share and collaborate on a deal’s critical information through a secure and encrypted web connection, anywhere in the world. 

Now, you’re probably thinking, ‘why should I pay for a VDR when platforms like Box or Dropbox let me do similar, but for free?’