Just saw these stats from Stanford. Here are the numbers:
STEP 1 - Initial reach-out: 3,404
STEP 2 - Response: 256
STEP 3 - Positive follow-up: 124
STEP 4 - Management Meetings: 25
STEP 5 - Indication of interest: 16
STEP 6 - LOI sent: 4
STEP 7 - LOI signed: 2
How does this compare to everyone's searches?
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