For me it depends a lot on the details of that process. I want to work with really good people, so I'm ok with a process that takes time and/or work as long as a) I think the added process is likely to get better results, and b) it's handled in a way that's respectful of the time and energy of all concerned.
A good example for me is interviews. I'm totally happy to do a full day on site, exhausting as it is. But only if I feel like they have gained new insight in each round. A few months back I did like 8 individual interviews during a 1-day startup visit, and easily half the time was answering the same questions repeatedly. The could have just had people pair up and saved me time while getting better results themselves. It gave me the impression they didn't have their act together.
Take-home work is in the same category. If it's the kind of thing that makes me say, "Oooh, I want to work with people who pass this," then it's great. But if it mainly seems to be testing my ability to put up with nonsense, that's a big negative sign.
A good example for me is interviews. I'm totally happy to do a full day on site, exhausting as it is. But only if I feel like they have gained new insight in each round. A few months back I did like 8 individual interviews during a 1-day startup visit, and easily half the time was answering the same questions repeatedly. The could have just had people pair up and saved me time while getting better results themselves. It gave me the impression they didn't have their act together.
Take-home work is in the same category. If it's the kind of thing that makes me say, "Oooh, I want to work with people who pass this," then it's great. But if it mainly seems to be testing my ability to put up with nonsense, that's a big negative sign.