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This quote from the TechCrunch article was to me the most striking element of this story. They already yield double the rate of good candidates:

""The metric that companies care most about is what percentage of on-site interviews convert into hires, and the industry standard is 20 percent. Triplebyte’s placement rate is 40 percent," says Taggar."

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That's nice but averages aside, anything less than 50% for on-site candidates (or final round interview candidates) that don't get an offer means your process is very likely broken somewhere else upstream and you have work to do on your interviewing and sourcing funnel.

I wonder if these numbers are comparable. For the 40% to be true their candidates would have to interview at a maximum of 2.5 of their cleints on average. That doesn't seem to fit with their model.

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