Has the search market stabilized?

It depends where you look. Opened searches increased nearly 12.5% quarter over quarter in Q1—the largest single-quarter growth since Q3 2021—but some sectors of the market aren’t yet seeing that turnaround.

Overall, it seems, we are in an environment that has created three very different markets:

Public markets are encountering a continual smoothing of up and down performance
VC’s decline continuing to persist
PE being nearly impervious to what’s happening outside its world

Our report highlights key developments in the macro environment, within each asset class and the technology sector specifically, as well as executive compensation and search velocity benchmarks by asset class.

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