Very well can depend on the firm. But from my experience, being on the waiting game, especially for a competitive process, can mean that they are waiting on another candidate to sign before sending out rejections. Especially if it's been a few days. However, my current firm only interviewed me (top fund - I networked for an interview) and the waiting game was a few days because they were chasing HR. Never trust HR lmao. Good luck.

 

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