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I just left Intuit, they are all over the acquisition game lately. The public Credit Karma acquisition, followed by mail chimp just over a year later. Not sure
by NotAnOtter 5y ago
I just left Intuit, they are all over the acquisition game lately. The public Credit Karma acquisition, followed by mail chimp just over a year later.
Not sure what the big wigs are thinking but I'm expecting a big dilution in the RSU's I'm still holding...
- tootie 5y agohttps://techcrunch.com/2021/09/13/intuit-confirms-12b-deal-to-buy-mailchimp/ https://techcrunch.com/2021/09/13/intuit-confirms-12b-deal-t... This acquisition didn't really make much sense to me either, but apparently it's a bid to become hub for small businesses. $12B is a pretty big wad to blow on just email though. Maybe they go after a site builder, ecomm or CRM SaaS next? What's HubSpot worth these days?
- lancesells 5y agoMailchimp isn't just email. They have ecomm, SMS, and some media companies. And they are a lot of SMB only CRM.
- silvershell 5y agoI was surprised that their plan with TradeGecko for an ecommerce platform didn't go anywhere, it seems. https://www.tradegecko.com https://www.tradegecko.com