Amid an accelerating war for tech talent, big companies and startups alike are paying top dollar—as much as $1,000 a hour, according to a person who gets coders gigs—for freelancers with the right combination of skills. While companies still recruit many of the best minds, they're turning to independent software developers to get a stalled project moving or to gain a competitive edge. In some cases, the right person can be the difference between a failed and successful product....
...Toptal prides itself on almost Ivy League-level vetting. A virtual company with no home base, it received 15,000 applications in the past two months and accepted fewer than 3 percent of them, according to Taso Du Val, co-founder and chief executive officer. The vetting process has four parts: an interview to screen for personality, technical exam, live coding test and finally a test project that evaluates the candidate in a real-world scenario.
Helder Silva, a software engineer from Portugal who has worked at Deloitte and other companies, made it past the first two rounds and failed during the live coding exam because he took too much time to solve one problem, even though he was on the right track. "You miss something and you get kicked," Silva says....
... a project that typically would take three years to complete, he says. The 10x team took three months.
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