Maybe the fact that this company created it wasn't optimal, but I still think it's a very solid idea.

FWIW, I applied to Hungry Academy and made it to the interview round, where they flew me to DC and put me up in a downtown hotel.

I was sort of boggled that they flew in and housed about a hundred applicants, some from as far away as China.

If you can afford to do that, great, I guess - but clearly they couldn't. In fact their first massive loss announcement (of almost $600MM) was about a week later.

But now so aptly named.