hkmurakami

"Triplebyte, to my mind, did an admirable job of trying to solve the credentialing problem. But their approach was not without shortcomings: 1) not everyone wanted to take their lengthy quiz, even though the quiz was well done, and 2) scaling up an army of interviewers, all of whom had to be trained in exactly the same way, was non-trivial and not cheap. These challenges were surmountable, but the challenge that wasn’t arose from the second issue that all companies had to face: lack of candidate autonomy, which was driven in part by a lack of faith in the credential.

Once you passed Triplebyte’s assessment process, just like at Hired, you had to interact with a talent advocate (Triplebyte labeled them “talent managers,” but again they’re just recruiters). The talent manager would examine your background and short-list you for some companies of their choosing, where you’d then go onsite. You could have some input into which companies you spoke to, but it was limited, and if you didn’t meet the company’s (often somewhat arbitrary) criteria, no matter how well you did on the assessment, its doors were closed to you.

As with Hired, having an army of recruiters AND interviewers working for you makes achieving SaaS margins impossible, and then, you’ve essentially become a tech-enabled recruiting firm (albeit this time one with much better performance data!).

Just like Hired, Triplebyte eventually moved away from the auction marketplace model, fired most of their talent managers and interviewers, and fulfilled their destiny, becoming a glorified LinkedIn Recruiter clone. Recruiters could search for candidates, just like on LinkedIn Recruiter, based on their pedigree, languages known, and so forth. One thing Triplebyte still does differently, however, is to leverage their aforementioned coding quiz to annotate candidate profiles. (Presumably, they are using their historical interview data, from when candidates had to do BOTH, to predict how people will perform in interviews.) The limitation, of course, is that great people will be unlikely to take the quiz in the first place, especially now that it no longer fast-tracks them to an onsite."