In my travels, I often get asked why I started VDR Sourcing. So, I thought, why not share a quick blog post to lay out the two main goals of my company?
Goal #1: Save Companies Money on Confidential Document Sharing
The Virtual Data Room (VDR) is one of the rare technologies where ease of use, positive end-user experiences, and maximum security coexist in near-perfect harmony. That’s one reason companies are still willing to pay exorbitant fees to certain aggressive VDR vendors—especially for M&A transactions.
Corporate Development teams and M&A bankers regularly overpay by tens of thousands of dollars simply because they don’t know they can call me to negotiate better rates—without delaying their schedule. I’d like to think it’s not because they’re being careless with their employers’ money! 😉
My mission is to change that. By working with me, companies can keep their favorite VDR vendor while slashing costs by 30% or more.
Goal #2: Bring the VDR to Cybersecurity Operations
As I’ve written before, certain groups—like cybersecurity teams—are just beginning to see how VDRs could benefit their operations. Historically, VDRs have been pigeonholed as transactional “M&A tools,” due to the crazy high pricing tied to M&A. That’s exactly why I introduced the CyberVDR concept—use the exact same technology as M&A but priced right as an affordable, everyday utility for managing the sharing, collection, and protection of cyber-related documents.
Think of it this way: CISOs are no different than any other consumer. How many people would walk into a Porsche dealership to test-drive a 911 if they knew it was out of their budget? The same dynamic applies in the VDR space. Cybersecurity teams assume they can’t afford the M&A VDR firepower for their operations, so they don’t even consider it.
But here’s the thing: There are VDR vendors willing to provide cybersecurity operations with the equivalent of a 911—at a price comparable to a Honda Accord.
In Summary
If you’re in Corporate Development or M&A, you can reduce your VDR costs by 30% or more without switching vendors. And if you’re in cybersecurity operations, you can unlock the full potential of a VDR at a fraction of the cost traditionally associated with it.
Let’s make secure document sharing smarter, more accessible, and more affordable—no matter your use case.