I actually passed the on-site and hiring committee on my third try, but was (apparently) nixed by some executive, for reasons I can only guess at.
I'm estimating prevalence based on my SAT and GRE scores. As supporting evidence, even colleagues with PhDs often seem not to do as well when mathy sorts of puzzles come up in real life. As often noted, however, that and a dime will get you a cup of coffee.
It might be sour grapes, but lately I've come to appreciate the benefits of being the big fish in a tiny pond, rather than the tiny fish in an ocean I'd be at a FAANG. Money's nice, of course, but in the end you do pay for it, one way or another.
