Metal nitride nanocrystals are a versatile class of nanomaterials. Depending on their chemical composition, the optical properties vary from those of traditional semiconductor nanocrystals (called quantum dots) to more metallic character (featuring a plasmon resonance). However, the synthesis of colloidal metal nitride nanocrystals is challenging since the underlying precursor chemistry is much less developed compared to the chemistry of metal, metal chalcogenide or metal phosphide nanocrystals. Here, we review chemical approaches that lead (or could lead) to the formation of colloidally stable metal nitride nanocrystals. By systematically comparing different synthetic approaches, we uncover trends and gain insight into the chemistry of these challenging materials. We also discuss and critically evaluate the plausibility of certain suggested mechanisms. This review is meant as a guide for the further development of colloidal nitride nanocrystals.