4 ms·
What surprises me about this, and perhaps where I disagree with the article, is that personal finance is hardly a solved problem -- particularly by web 2.0 apps
by jsdalton 17y ago
What surprises me about this, and perhaps where I disagree with the article, is that personal finance is hardly a solved problem -- particularly by web 2.0 apps.
I do use Mint and I actually love it. But it's mostly just for checking my balances in one place and maybe checking out some of my transactions. I used to use MS Money, and before that Quicken, before the applications themselves devolved into bloatware and banks limited their access.
I guess I just find it surprising that MS didn't see this as an opportunity to compete as a web application against what's actually a pretty weak field. Not that I would personally give MS high odds at winning such a competition, mind you...
- maukdaddy 17y agoDefinitely agree. There is no "Web 2.0" app that allows me to do the advanced reporting and graphing I can do with Money. The web-based apps definitely don't allow any detailed review of historical transactions.
- spoiledtechie 17y agoI know, why didn't MS Money try and compete? They could have pulled a ton of leverage with many banks. They already had the backbone. They should have just flexed a bit of muscle... No innovation in this area shows what will happen in other areas. And that will inevitably mean MSoft might just fail big time if they don't innovate like the start ups are doing.