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What’s a “data room” and how do you use it?

Berkonomics

A “deal room” is a cloud-based or physical space dedicated to storing the massive amounts of data to be used in due diligence by a buyer, lender or by an investor. Current documents relating to any lawsuits by or against the company are maintained there as well. . Your data room and its contents. When to start a data room?

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Start a deal room and keep it current.

Berkonomics

A “deal room” is an electronic or physical space dedicated to storing the massive amounts of data to be used in due diligence by a buyer, lender or by an investor. Current documents relating to any lawsuits by or against the company are maintained there as well. Email readers, continue here.]

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7 Key Startup Activities Where Follow-Up Is Critical

Startup Professionals Musings

I was with IBM in the early PC days when Bill worked with us to provide PC DOS and other software. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. More customers are lost to apathy after the sale than poor service or quality.

Activity 133
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5 Tips to Becoming a More Customer Centric Organization

Both Sides of the Table

Our sales guys were on the front line and heard what they needed to win deals. He decided that our largest customers would be involved in the setting of our priority lists (we did some of this internally in the early years but we saw it mostly as a sales process). The Outside In organization had a one-way flow.

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Domain Experience Gives Entrepreneurs an Unfair Advantage

Both Sides of the Table

I’ll publish the final post in this series this week and then move on to my next series – sales & marketing. I’ll be covering my PUCCKA sales methodology. My first company launched in 1999 and we were offering a SaaS document management in the cloud (we were called ASPs back then).

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Top Entrepreneurs Have Follow-up, Not Ideas Alone

Startup Professionals Musings

I was with IBM in the early PC days when Bill worked with us to provide PC DOS and other software. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. More customers are lost to apathy after the sale than poor service or quality.

Ideas 110
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Interview Therese Tucker, BlackLine Systems

socalTECH

It's somewhat unusual in this economy to find companies who are seeing strong growth, so we were intrigued recently in running into BlackLine Systems (www.blackline.com), a firm which develops software for helping in the financial reporting process. First, for our readers who aren't familiar with your software, can you explain what it does?

Startup 124