Depends a lot on the company and situation (how easy is it to fire a bad hire? Does the company do it?) - but you can use something like F2 or F0.5 where relevant.
Remember Facebook rejected Brian Acton, and paid billions for that. An oversimplification, I agree, but the larger point is that people tend to dismiss too easily the impact of bad “no hire” decisions, compared to the bad “hire” decisions. Just because you can’t or don’t measure it, doesn’t mean that the impact may not be arbitrarily large.
Remember Facebook rejected Brian Acton, and paid billions for that. An oversimplification, I agree, but the larger point is that people tend to dismiss too easily the impact of bad “no hire” decisions, compared to the bad “hire” decisions. Just because you can’t or don’t measure it, doesn’t mean that the impact may not be arbitrarily large.