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All I know is, FAANGs can get away with anything, because the supply of engineers is just that much.

There's no shortage of engineers who are preparing months and months on end, solving hundreds or thousands of leetcode problems.

There are coaching institutes, and an entire industry devoted to cracking these interviews.

The financial reward is worth it for most people.

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What about all of those who got rejected? Do you think they actually gained any value from it?

The only value I got from them, was knowing what the bar was at the highest level, and how much I need to prepare.

So in essence, the only value in failing at such an interview is knowing what to prepare to clear it later.

Since there is a goodly number of other companies that mimic the process, the rejectee can apply the prep to the next job. Not saying that’s socially optimal, just a specific possible value.

Think “entrance exams”

Many entrance exams are miles and ages more useful than those interview preparations.

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