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And that also brings up another question: Do you really want to work in a place where your pedigree is more important than the individual? Some do, some do not.
The problem with all of these debates is that they are never "one size fits all." I, for one, didn't bother applying to big names for jobs because they never interested me. I chose my undergrad largely because of soft factors. I don't believe it works for everyone, but I would be miserable at one of the Big 4 or one of the top consulting firms. The lifestyle offers NO appeal to me.
The second it takes me away from friends, family, and time to travel and pursue my hobbies, a job becomes meaningless to me.
Why should I care, then, that I can't get a job at Google because Brin and Page want a certain cohort? I support their right to hire who they want, the right of CCers to want to be part of that cohort, and the right of those who are just as happy working less for more free time.
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