Blackstone interview 0.3% acceptance!

yikes, just saw an article today about Blackstone’s hiring and their acceptance rate is 0.3%. Anyone go through their recruitment process??? “This year, Blackstone had 169 first-year analyst positions available and received 62,000 unique applicants from all over the world. This translates to a selection rate of less than 0.3%. That’s all according to Stephen Schwarzman, Blackstone’s cofounder and CEO”