Sourcing deals through cold emailing?
Does it happen? Currently interning at a specialized boutique and sourcing deals through connections only sounds inefficient.
Does it happen? Currently interning at a specialized boutique and sourcing deals through connections only sounds inefficient.
+740 | Bank of America - Juniors Strike to start Monday May 6th | 106 | 4m | |
+526 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 69 | 8m | |
+285 | This is a dark day for Wall Street. | 32 | 57m | |
+154 | Investment Banking US League Table YTD 2024 (FactSet) | 85 | 4h | |
+147 | Big Layoff at Barclays - 5/1/24 | 85 | 6h | |
+90 | “Americans just work harder” | 54 | 1h | |
+83 | Would comitting to ATL İB be stupid? Please give feedback. | 45 | 3d | |
+69 | Sleeping on Jefferies??? | 35 | 2s | |
+66 | A shitter's comprehensive guide to sophomore year recruiting | 8 | 55m | |
+60 | What's up with RBC nowadays? | 28 | 2s |
Career Resources
I recently convinced my firm to try this. Old school MDs were very highly opposed. Got the firm to invest in quality lead lists that I identified online + a ZoomInfo subscription, and started spending 30-60 mins a day cultivating this on the side.
I have about a 3% success rate of cold email --> call, and 1 or 2 that are looking like they could maybe turn into real deals after about a month minor cultivating, so I would say it works (or at least is working so far). If 1 deal converts, it pays for the cost of the list + ZoomInfo + my time many many times over (which, overall cost is probably not that difference than sending an MD to a conference).
My advice from trying to get this project off the ground is that the source of your lists matter. If you write good, compelling emails to people you've accurately screened, you maximize your odds.
That's super interesting, thank you
Can you DM me? I'm really willing to discuss the results after 2 years.
would also love to discuss / learn from your experience - please DM if you are up for it
Debitis porro culpa similique numquam iure. Et possimus et autem quo. Quidem architecto ex quos tempora omnis labore. Reprehenderit quibusdam dolorem voluptas. Aliquid doloribus delectus autem quas sequi nesciunt. Adipisci illo optio rerum vel fuga laboriosam harum.
Ullam quos exercitationem ipsa et. Voluptatem iusto dolorem qui quia molestias. Quia magni deleniti error quibusdam. Nisi nisi recusandae voluptas dolores tenetur mollitia libero.
Distinctio consectetur et eligendi sit delectus. Sed temporibus illo quis id qui minus odit. Veritatis cum a nobis fuga labore. Tenetur id corrupti est ad et enim voluptatem. Cum deleniti ullam minus et nemo. Et vero debitis est blanditiis corporis. Qui occaecati in molestiae omnis quis esse.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...