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Why does Triplebyte seem to be doing great, while Hired is shutting down? They seem pretty similar in concept. What’s the key difference?
by jtsiskin 6y ago
Why does Triplebyte seem to be doing great, while Hired is shutting down? They seem pretty similar in concept.
What’s the key difference?
- vmception 6y agoProbably just capital structure. Seems like HIRED has creditors to be paid. There are many viable ideas that are more sustainable as a bootstrapped idea without preferred investors and senior debt holders.
- rhc2104 6y agoTriplebyte tests candidates with the types of questions they'd get at Software Developer interviews. Hired does not. Thus, candidates on Hired that are attractive to recruiters are due to their resume, so they already get solicitations on LinkedIn, and easy access to interviews. On the other hand, someone with a less "glamorous" resume could pass the Triplebyte screening process, and that gives signal to recruiters that the candidate is more likely to pass their company's interview process.