FAILDEX失樂園
中文

Hello Tyro

The business, the turning points, and the decisions behind them.

Founded2017
Event year2020
FundingUS$100K
Cash burnedUS$1M

01 / WHAT IT BUILT

What the company did

Hello Tyro was a Belgian B2B startup founded in 2017 by Pierre Tillement and co-founders. It operated an internship-recruitment platform that matched students with internship opportunities at Belgian startups, built entirely with no-code tools.

02 / Hello Tyro FAILURE REASONS

Failure reasons

Hello Tyro never found product-market fit. Revenue peaked at about 4,000 euros in monthly recurring revenue, too little to sustain the business, and the company ran out of cash. It filed for bankruptcy in 2020.

03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Pierre Tillement co-founded Hello Tyro in Belgium to build a platform matching students with internships at local startups.

  2. Platform live

    The no-code internship platform launched and began matching students with startup internships, raising 250,000 euros in total funding.

  3. Bankruptcy

    After failing to find product-market fit and running out of cash, Hello Tyro filed for bankruptcy.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN

How the factors connect

  1. 01

    Raised 250,000 euros (about $280,000) in total funding.

  2. 02

    Peaked at about 4,000 euros in monthly recurring revenue, far below a sustainable level.

  3. 03

    Ran out of cash and filed for bankruptcy in 2020; investors' capital was lost.