My company does take-home interviews (or rather, we give candidates the option to do them; nearly all candidates choose take-home instead of a live coding sessi

My company does take-home interviews (or rather, we give candidates the option to do them; nearly all candidates choose take-home instead of a live coding session) and I don't think I agree with the "lowers the cost to zero" point. First of all, they are never the starting point; we only give a take-home problem to a candidate after we've had an initial discussion with them. When we get a take-home submission, we essentially run it through our code review process, and as one of the engineers who does reviews, it usually takes me nearly as long to thoroughly examine a homework solution and write up my feedback for internal discussion as it would to do an in-person interview. Being able to review a candidate's code on my own schedule rather than being yanked from the middle of some knotty problem to go do an interview at a fixed time is a big quality-of-life win for me. But the rate limit isn't much different than it would be with regular interviews. All that said, it's totally possible our process is super atypical.