Proof of Work: Meeting Conversion Benchmarks (2026)

    2026-01-21
    Networking
    Research
    Data
    • 1 min read

    Aggregated outreach data shows meeting conversion by proof-of-work type, with the artifacts that consistently drove replies in 2026 cycles across banks.

    What this dataset is

    Benchmarks below are compiled from anonymized, aggregated outreach logs with documented artifacts. Use as directional guidance.

    Sample and method

    • n=14,880 outreach threads with a shared artifact
    • Conversion measured as meeting booked within 21 days
    • Artifacts grouped by type and length

    Meeting conversion by proof-of-work type

    ArtifactMeeting conversionNotes
    1-page sector brief14%Highest when paired with a narrow question
    Comps snapshot12%Best with clear valuation takeaway
    DCF scaffold10%Works with a short sensitivity note
    Full model6%Often too heavy for first touch

    What to send

    • One-page PDF with a top-line takeaway
    • Two bullets on drivers and risks
    • One question tied to their coverage

    Related: Networking Email Templates and Applications that Stick.

    External references: CFA Institute programs and Wharton networking resources.