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> I think the only thing that can really disrupt this dynamic are “free” commercial software (like credit karma now cash app), or government provided. That’s w

by qzw 5y ago

> I think the only thing that can really disrupt this dynamic are “free” commercial software (like credit karma now cash app), or government provided. That’s why it was worth $7B for Intuit to acquire Credit Karma. They’re pretty aggressive about buying up potential disruptors.

tzs 5y ago
Intuit didn’t get Credit Karma’s tax filing business. That got spun off and went to Square.
- qzw 5y ago
  They don’t need it. The danger was always Credit Karma’s users + the tax business. The tax business by itself means little. Spinning it off even makes the deal look better to regulators.