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As an applicant, I landed an interview with Khan Academy and some other companies from these ads.

Although, the Khan Academy process involved many hours of mid-day Skype interviews, phone calls, and a relatively time-consuming take-home assignment followed by a curt thanks-but-no-thanks form letter and an encouragement that I volunteer for them. So ultimately not a success.

To be fair to Khan Academy, they seem to be part of a bigger trend towards increasingly time-consuming interview processes that span weeks or months. Start-up companies are in the enviable position of asking for higher investment from applicants, while not offering a higher return (perhaps the idea is that the possibility of landing the job should be its own reward -- but wouldn't this be mutually beneficial for both the applicant and the company?).

Or perhaps this is the logical extension of a community built on the idea of work-hard-first and (possibly-)get-compensated-later, or "long-term compensation" [0].

Not to say any of this is necessarily wrong or bad. Supply and demand will dictate what the job market can bear, and if a company is receiving a glut of talented applicants, it's their job to thin the herd the best way they know how.

[0] http://blog.samaltman.com/why-silicon-valley-works




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