Proof of Talk@proofoftalk
The average Web3 founder sends 200+ cold emails to get one meeting with a Tier 1 fund. The response rate on cold outreach to firms like @PanteraCapital or @dragonfly_xyz sits around 1-2%.
That means 200 emails for maybe two replies. Of those two, one is "not right now." The other is a 15-minute screening call with an associate.
If that goes well, you wait 3 weeks for a partner call. Then another 2 weeks for a second call. Then due diligence. Then "we'll circle back next quarter."
Average time from first email to term sheet through cold outreach: 4-6 months. If it happens at all.
Now here's the Proof of Pitch math.
One application. One deck. One stage at the Louvre Palace.
@PanteraCapital, @dragonfly_xyz, @Arrington_Cap , @coinfund, @HaunVentures , and @TheSpartanGroup in the jury. 200+ VCs in the audience. 120 investors at the VC Dinner that evening.
6 months of cold outreach compressed into 48 hours inside one building.
Applications close May 10. 3 days to apply.
Apply to pitch: docs.google.com/forms/d/e/1FAI…