Tract, a startup aiming to teach kids coding through a collaborative, Minecraft-based platform, ultimately shut down due to several intertwined factors. While achieving initial traction and securing funding, they struggled to convert free users to paid subscribers, hindered by pricing experiments, discoverability issues, and a complex product that proved difficult for the target demographic to grasp independently. Further challenges included platform dependencies on Minecraft (requiring users to own and run it separately) and internal disagreements on product direction, ultimately leading to unsustainable burn rate and the difficult decision to cease operations.
The website "YC Graveyard" catalogs 821 Y Combinator-backed startups that are considered inactive, meaning they appear to be defunct, acquired for a small sum (acqui-hire), or simply operating far below expectations. This list, while not official or exhaustive, aims to provide a perspective on the realities of startup success, highlighting that even with the support of a prestigious accelerator like YC, a significant number of ventures don't achieve widespread recognition or significant scale. The site offers a searchable database of these companies, including their YC batch and a brief description of their intended product or service.
Hacker News users discuss the YC Graveyard, expressing skepticism about its methodology and usefulness. Several commenters point out that the site's definition of "inactive" is overly broad, including companies that may have been acquired, pivoted, or simply operate under a different name. They argue that simply not having a website doesn't equate to failure. Some suggest the list could be valuable with improved filtering and more accurate data, including exit information. Others find the project inherently flawed, dismissing it as merely a "curiosity." A few commenters question the motivation behind the project and its potential negative impact on the startup ecosystem.
Summary of Comments ( 70 )
https://news.ycombinator.com/item?id=43703682
HN commenters discuss the author's postmortem of their startup, Tract. Several express sympathy for the founder's experience and praise his transparency. Some question the viability of the core idea – a no-code platform for building internal tools – doubting whether the problem was significant enough or the solution sufficiently differentiated. Others point to potential issues with the go-to-market strategy, focusing on a niche (recruiting tools) that may have been too small. The technical implementation choices, particularly using Retool under the hood, are also scrutinized, with commenters suggesting this limited flexibility and control, ultimately hindering Tract's ability to stand out. A few offer alternative approaches the founder might have considered. Overall, the comments paint a picture of a well-intentioned effort hampered by strategic missteps and a challenging market.
The Hacker News post titled "A Postmortem of a Startup" (linking to buildwithtract.com) has several comments discussing the author's reflection on their failed startup, Tract. Many commenters offer empathy and appreciation for the author's candid and detailed postmortem.
Several compelling threads of discussion emerge in the comments:
The challenge of monetizing developer tools: Many commenters relate to the difficulty of finding a viable business model for developer tools, especially when targeting individual developers rather than businesses. Some suggest that the "bottom-up" approach of targeting individual developers rarely works for expensive tools, and that focusing on enterprise sales from the outset might have been more successful. Others discuss the importance of a clear value proposition and how Tract's value may not have been immediately apparent to potential customers. The discussion delves into pricing strategies, alternative business models (like open-sourcing parts of the project), and the inherent difficulty of convincing developers to pay for tools.
The importance of marketing and distribution: Several commenters point out that even a great product needs effective marketing and distribution to succeed. They suggest that Tract's marketing may have been insufficient, and that building a community around the product could have been beneficial. The discussion touches on the challenge of reaching the right audience and the importance of clearly communicating the product's value proposition to potential users.
The author's reflection and learnings: Commenters praise the author's willingness to share their experience and the lessons they learned. The honesty and depth of the postmortem are appreciated, with some suggesting that it will be helpful to other founders. The discussion also touches on the emotional toll of startup failure and the importance of self-care and reflection.
Technical aspects of Tract: Some commenters delve into the technical details of Tract, discussing the choice of technologies and the complexity of the product. Some question whether the product was over-engineered or if a simpler approach might have been more effective.
Alternative use cases and potential pivots: A few commenters suggest alternative applications for Tract's technology, including internal tooling within larger companies or focusing on specific niches within the developer community. They discuss potential pivot strategies that might have allowed the project to survive.
Overall, the comments section provides a rich discussion of the challenges of building and launching a startup, with a particular focus on the developer tools market. The commenters offer valuable insights and perspectives, drawing on their own experiences and offering advice for other entrepreneurs.