After confirming the skill-ranking capabilities with our first hires, we integrated Triplebyte into our hiring process to save developers hours of wasted time on pointless coding exercises that are thrown away after each interview only to start over again with the next company. This was an advantage for us, we had a better signal to noise ratio on candidates and we found more talent willing to take a triplebyte test than our own in-house tests. Further, the triplebyte tests were maintained and refined over the years to an accuracy I believe is going to be very difficult to replace.
Yesterday, Karat announced a shutdown of Triplebyte with less than 2 weeks notice. They don't care to offer a solution to any of Triplebyte's customers. In their words they "only purchased a technology that Triplebyte made available to other companies" i.e. "we don't want anyone else using this".
The Karat website uses floaty words like "interview cloud" and emphasizes live-coding interviews as part of some legacy product that would put us back into the stone ages when it comes to our current hiring process. Karat expressed no intention on offering solutions to replace what Triplebyte did best. Karat do not care about the inconvenience of their customers. Karat provides less than two weeks notice to paying customers that they are cancelling service.