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Take-home projects are a band-pass filter on hiring. The best candidates won't bother, the worst candidates can't complete.

Though, honestly, it seems like you could save everyone's time and get similar results screening for university GPA > 3.8.

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GPA is maybe only relevant if you are very junior or it is the only thing on your resume. No one is going to care at all about your GPA once you are more than a few years into your career

They aren't looking for the best though. They are looking for diverse.

GPA's are meaningless now. Grade inflation, etc. Just like the adversity score that will be added to the SAT... making it meaningless... IQ tests are going to replace GPAs for hiring in general.

For developers at least you don’t need any kind of artificial scoring. If they pass the phone screen, just bring them in and pair with them on a contrived problem - you will know very quick if they are a fit or not.

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