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Due Disclosure: Worked at Intuit, once upon a time QuickBooks has network effects (most accountants use it and are familiar with it) and lockin effects (once y
by plinkplonk 9y ago
Due Disclosure: Worked at Intuit, once upon a time
QuickBooks has network effects (most accountants use it and are familiar with it) and lockin effects (once you have many years of your data in it, there is no way to get it out and into another software. at least that is the way it was when I worked there).
Other products with these characteristics have been disrupted and so can QB. But it will take a lot of work, or a powerful change in perspective. That said, from the article on TC, I don't think Pilot is actually competing with QB.Seems to be more like a layer on top.
I also agree with most of what curun1r says. Intuit is a weird company in many ways, but they do know what they are doing businesswise.