I mean, I understand why companies like AirBnB would like them to exist. What I don't understand is why engineers participate in them.
I totally get selling yourself to the potential employer. Spending an hour on the phone talking through a technical problem. Having IRL conversations where you see if you "gel" with the team in a bunch of hard-to-quantify ways.
But why would any engineer in today's market take two days to respond to asinine pet/trick questions that random engineers lob at them in order for a shot to spend additional time for people higher up the food chain to lob hypothetically less-asinine questions in a way that makes them directly comparable with the other 19 people jockeying for the spot?
Do companies like AirBnB believe that there are top-tier people with nothing better to do? Or do they believe they have some perk that is different than the perks of every other startup currently hiring that would motivate top-tier people to create such time?
Maybe my perception of market demand leads me to overestimate it. I get so many "please work for us" emails (from actual founders, even, let alone recruiters) that my inbox is out of control. I've gotten a job offer while writing this comment. I can't even reply at that scale. Perhaps one offer a month is lucky enough to receive an actual e-mailed decline; I never even consider doing a phone interview. Am I a precious snowflake, is my experience non-representative?