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Had a shouting match at a B2B conference in Chicago about cold email vs LinkedIn DMs

This guy at the After Hours event swore cold email still converts at 3% if you nail the subject line, but I've seen my LinkedIn DMs pull 8% with personal video pitches. Which channel has actually worked for you in the last year without burning your account?
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diana_flores25
My buddy tried cold email and got his whole domain blacklisted in two weeks.
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