It also opens the hiring company to potential liability with regards to IP laws if you are hiring in a similar industry.
Every time this has come up, the company would not pay that rate, and offered something more like $20/hr.
It is just insane to me that if you are interviewing me for a position which makes $105,000 a year and cannot offer even close to equivalent compensation for the interview.
I thought work might have dried up. But I got a call the next day from somebody who had dug up my number in an old rolodex, desperate to get me to pick up the slack on a project. So, right back in the saddle!
That works better if you have 10 or 20 years of experience at different places. So there are people out there thinking of you.