This is probably survivorship bias at work. A lot of startups have strong sense of self worth because they believe they are hiring/have the best candidates with

This is probably survivorship bias at work. A lot of startups have strong sense of self worth because they believe they are hiring/have the best candidates with their process. Let's be realistic, you can probably build a really good team out of just about any sampling of 1000 applicants with just a regular couple-hour interview process.