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Was mint a zero-revenue company? They have at least three angles to cash in on what they have (aside from selling to Intuit): A) Pitching offers from banks for
by dkokelley 17y ago
Was mint a zero-revenue company? They have at least three angles to cash in on what they have (aside from selling to Intuit): A) Pitching offers from banks for credit cards and accounts. Banks are willing to pay for these, and they have the information to match the right accounts with the right people. B) Offering tax-filing services like TurboTax. C) Sellign aggregate data from their customers (Not my favorite, but it's not necessarily off of the table).
- timr 17y agoNobody knows how much revenue they were bringing in, but I imagine it was something...they did have partnerships. My point is only that cashing out for $170M isn't necessarily a terrible idea when you're a fledgling startup with an unproven business model.