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Having gone through a few startups myself, and currently being at the tail end of one looking for an exit, I know at some point the desire for growth can be tru
by dolinsky 17y ago
Having gone through a few startups myself, and currently being at the tail end of one looking for an exit, I know at some point the desire for growth can be trumped by the desire to generate a return on your investment and move on. For us on the line who have only put sweat equity in, we're much more likely to hold on for more growth (and a bigger pay day) while those who have put millions of their own dollars on the line are looking to trade in their senior/junior debt and move onto the next investment.
Even for a company like Mint (of which I am a long time user), at some point their business model has a maximum angle of growth, and unless they went to a freemium-based model to generate recurring revenue, the short of it is they're running out of room to make money on their userbase.
That being said, as a user I'm very distrusting of Intuit taking Mint and running with it in any direction but into the ground.