This is a great insight, and I couldn't agree more. I agree so much in fact that my company is building data room software.
Although some people do use it just for a single deal, we try to espouse the notion that you should use a data room from the start; keeping your documents nicely organized for the day when that phone call comes, rather than scramble to compile everything together at the last minute.
Check us out at www.securedocs.com, or email me at comron@ that domain if you have questions.
Curious about the "secure" portion of your name, I looked at your site.
"There are different levels of data encryption but AES (Advanced Encryption Standard) 256-Bit Encryption is so secure that it is certified for use by the U.S. government for top-secret documents."
I realize this is usually written for the layperson, so the ambiguity of this claim is forgivable, but can you provide a more detailed explanation for how your encryption works? As you're probably aware, simply using AES does not actually provide any security.
Not being able to tear out video, or even worse a screen sharing session is very frustrating. Screen sharing someone's 1920px wide screen in half of the Skype window makes screen sharing unusable.
Buying the domain using a crap registrar and not renewing for more 1 year at a time (this happened last year too) seems strange and naive, particularly when we're talking about Rails, which has a pretty big community which depends on info on that site (mainly for documentation).
(and I wish he wasn't as foul-mouthed as he is. it always looks weird from a community "leader" as he is for ROR)
Although some people do use it just for a single deal, we try to espouse the notion that you should use a data room from the start; keeping your documents nicely organized for the day when that phone call comes, rather than scramble to compile everything together at the last minute.
Check us out at www.securedocs.com, or email me at comron@ that domain if you have questions.