The worst part is that Coinbase's interviews are difficult. If I'd spent months studying, rejecting other (good faith) offers, and then had this happen I'd not only be in a bad spot (without a job entering a recession) but I'd be furious at the inequality of input and output.
I've been interviewing for the past month and I made a rule that I won't be doing any algorithm interviews. I didn't have time to study; some friends questioned whether this was a good idea or not. I ended up submitting code samples when recruiters or managers would try to go through that kind of phone screening. Not only am I interviewing at better quality firms, but it's not nearly as stressful.
Anecdotally there is a high correlation between firms that tell me they're freezing hiring, etc and algorithm interviews.
I've been interviewing for the past month and I made a rule that I won't be doing any algorithm interviews. I didn't have time to study; some friends questioned whether this was a good idea or not. I ended up submitting code samples when recruiters or managers would try to go through that kind of phone screening. Not only am I interviewing at better quality firms, but it's not nearly as stressful.
Anecdotally there is a high correlation between firms that tell me they're freezing hiring, etc and algorithm interviews.