Earlier quoted context omitted.
Plenty of "top" candidates don't work and don't want to work at a faang company.
Quite honestly I have my doubts FAANG selects for "top" candidates anyway. Unless you define "top candidate" as "those FAANG selects".
I do notice a substantial difference in average quality between them and less successful Bay Area companies, which does suggest that they are doing a reasonably good job at getting pretty good people in the door.