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I see what you're saying, but hasn't this been going on for decades? Wouldn't that indicate that it is actually efficient for the scale of their business? I th

I see what you're saying, but hasn't this been going on for decades? Wouldn't that indicate that it is actually efficient for the scale of their business? I think one of the key points in the article is when the recruiter suggests that basically they are free-riding off of the admissions committees of the top schools. That makes a lot more sense than blanket elitism, which would be costly and inefficient in the long term.

Tycho 14y ago
And for decades established firms have been tumbling from their perches and replaced by new ones. I don't have stats to back that up though so I could be wrong. But even just the idea of free-riding college admission committees - if that's their idea of capturing the best candidates, then they're turning a blind eye to students who underachieve until they actually reach higher education (or who can't afford to enter institutions like Harvard anyway). Clearly they leave a gap which allows the possibility of weaker firms grabbing the best talent.