Glanceable story: new people enter from soft invite, more existing starters finish, and funded count / financed $ rise vs the simulated baseline month.
Continuing path · thick mid-apply abandon
Blue = new inflow · thinner abandon · thicker finish path
Stage-local rates use the parent stage as denominator. Submit→Funded held at 26.6%. Ticket ~$18k. Completers from abandon reduction + optional new top-of-funnel, never claimed as Kanmon-disclosed data.