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I applied to Snap a few months ago and was insta-rejected which was the first time (and only) that has ever happened to me. I was interning at a FAANG for the third time, going into my senior year at a top school with a good GPA, and looking for a full time job. Not sure which requirement I didn't meet.

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It's probably because they were bleeding money at that moment and weren't hiring anyone outside super unicorn seniors, but they didn't want to update their job descriptions

Yea, I've worked at a place that had job ads out despite having no plans on hiring on the grounds that "someone really amazing might apply". They never did.

There are a lot of strategic reasons to do this:

1. Internally you'll feel like you're growing still even though you aren't

2. Externally to investors same feeling

3. You will collect resumes in case you want to fire up hiring again quickly

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