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> If $NetflixOfEducation is too accessible and half of the applicants have it, then it loses its value as a hiring signal.

Only for companies who hire for signals.

For companies that hire for throughput this does not hold.

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I actually think it's a bit more complicated than that. For a large company trying to fill a ton of openings, I think where you went to college is actually an even more important filtering criteria (ie an Ivy League degree is almost an automatic pass from resume to phone screen), but the list of colleges that get a near automatic pass is larger.

What do you mean by "throughput" and how do you measure it ahead of an interview? Given 50 resumes for an open position, how do you select whom to interview? Does your process scale to many dozens or hundreds of open positions per year?

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