Is this sustainable, though? Why do you assume that there would be no system to detect people who abuse the system by continually churning companies? Can’t the same thing happen right now with people who have connections to headhunter/recruiting agencies?
Also, if the system has no abuse detection, many people who work in tech for more than a few years should be able to afford gaming a system like this — not just those from rich backgrounds. $10k is not too much money to find if you know you’re guaranteed a 2x return in 60 days.
> And a company is going to take the pay-to-play candidate, because it's easier than running an interview process.
If the pay-to-play system is really producing only “mediocre” hires who churn earlier than candidates hired through the normal interview process, why would a company prefer the pay-to-play process in the long run?
Again, not saying that the platform is good, but I just don’t think your arguments hold up.