Proof of Work: Meeting Conversion Benchmarks (2026)
2026-01-21
Networking
Research
Data
• 1 min readAggregated 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
| Artifact | Meeting conversion | Notes |
|---|---|---|
| 1-page sector brief | 14% | Highest when paired with a narrow question |
| Comps snapshot | 12% | Best with clear valuation takeaway |
| DCF scaffold | 10% | Works with a short sensitivity note |
| Full model | 6% | 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.