Yes, that's all you need. But that statement doesn't imply anything about the skills of the people, just the skills required to pass the interview. Great people can pass easy processes too.

The fact that you would arbitrarily extrapolate my statement into something broader that I clearly didn't state implies to me that you're close to the bottom of that threshold.

And I'm already wealthy and pseudo-retired after writing >million lines of code for a successfully exited startup, thanks. You do you.