Why do VCs count cold emails in their total deal flow funnel review list if they are so low value?

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JASON LEMKIN

Is there any evidence that the best performing YC companies are the ones funded first?
Jason M. Lemkin: Is it ok to have 5% response rate in my personalized cold emails to SaaS CEOs?

I’m not sure the very, very. Very. best VC firms and GPs ever really talk about deal flow as a core metric.

It’s like pipeline. Who cares.

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Published on May 1, 2016
Is there any evidence that the best performing YC companies are the ones funded first?
Jason M. Lemkin: Is it ok to have 5% response rate in my personalized cold emails to SaaS CEOs?
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