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Let’s be honest. This was out of desperation. Without this pivot Triplebyte was dead. And now it probably is anyway. Ammon, the big money is going to be chasin

Let’s be honest. This was out of desperation. Without this pivot Triplebyte was dead. And now it probably is anyway. Ammon, the big money is going to be chasing cost savings as more remote workforces can now take advantage of overseas labor. The perfect storm of cost reduction pressure and remote workplace growth gives Triplebyte a great position to be the front runner in helping companies find less expensive overseas talent.

treis 6y ago
> Let’s be honest. This was out of desperation. Without this pivot Triplebyte was dead. And now it probably is anyway. IMHO, that's the saddest thing about this. Triplebyte has a niche where they can provide value to companies and job seekers. But producing an objective analysis of someone's coding skills is expensive and doesn't scale well. They could make millions every year but it's not and never would be a billion dollar company. And it's too bad that millions is not good enough.
- JMTQp8lwXL 6y ago
  Applying a marginal amount of business accumen: there's other ways to get from millions to billion(s). They don't have to further monetize engineers. There's companies looking for all sorts of talent, beyond software engineers, in fact 99% of hiring is for non-software engineering roles. You can't get blood from a stone, but you can expand your total addressable market.
  - treis 6y ago
    It's too hard to scale and protect margins. If Triplebyte proves out a business model you'll get a bunch of Triplebyte for X competitors. For example, someone will start the equivalent of Triplebyte focused on DBAs another for Erlang devs, another for embedded, etc.
    - greenyoda 6y ago
      Wouldn't a growing company that needed to hire for several different roles rather deal with a single service than a separate service for each specialty role?
      - treis 6y ago
        Yeah, I'm not saying there's not a viable business there. Just not one that's going to be worth a billion dollars in a couple years.
    - CamperBob2 6y ago
      Right; s/he is saying that Triplebyte needs to be 'Triplebyte for X.'
my_usernam3 6y ago
He was honest and completely addresses this > The floor has fallen out on parts of our business, and other parts are under unprecedented growth. We've been in a state of churn as we quickly try various things to adapt. But I let myself get caught in this rush and did not look critically enough at the features we were shipping. In fact that paragraph is what made me accept his apology. The reflection and honest answer of how he decided to ship this feature was more than any company apology I've heard in the past.
- bigiain 6y ago
  While for me, that paragraph highlights his untrustworthiness... "Money got tight, so we decided to monetise your sensitive data!"

treis 6y ago

> Let’s be honest. This was out of desperation. Without this pivot Triplebyte was dead. And now it probably is anyway. IMHO, that's the saddest thing about this. Triplebyte has a niche where they can provide value to companies and job seekers. But producing an objective analysis of someone's coding skills is expensive and doesn't scale well. They could make millions every year but it's not and never would be a billion dollar company. And it's too bad that millions is not good enough.

JMTQp8lwXL 6y ago
Applying a marginal amount of business accumen: there's other ways to get from millions to billion(s). They don't have to further monetize engineers. There's companies looking for all sorts of talent, beyond software engineers, in fact 99% of hiring is for non-software engineering roles. You can't get blood from a stone, but you can expand your total addressable market.
- treis 6y ago
  It's too hard to scale and protect margins. If Triplebyte proves out a business model you'll get a bunch of Triplebyte for X competitors. For example, someone will start the equivalent of Triplebyte focused on DBAs another for Erlang devs, another for embedded, etc.
  - greenyoda 6y ago
    Wouldn't a growing company that needed to hire for several different roles rather deal with a single service than a separate service for each specialty role?
    - treis 6y ago
      Yeah, I'm not saying there's not a viable business there. Just not one that's going to be worth a billion dollars in a couple years.
  - CamperBob2 6y ago
    Right; s/he is saying that Triplebyte needs to be 'Triplebyte for X.'

my_usernam3 6y ago

He was honest and completely addresses this > The floor has fallen out on parts of our business, and other parts are under unprecedented growth. We've been in a state of churn as we quickly try various things to adapt. But I let myself get caught in this rush and did not look critically enough at the features we were shipping. In fact that paragraph is what made me accept his apology. The reflection and honest answer of how he decided to ship this feature was more than any company apology I've heard in the past.

bigiain 6y ago
While for me, that paragraph highlights his untrustworthiness... "Money got tight, so we decided to monetise your sensitive data!"