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From the point of view of mint.com employees and even moreso the investors in mint.com, this may be a wonderful deal. But from the point of view of a consumer
by mcherm 17y ago
From the point of view of mint.com employees and even moreso the investors in mint.com, this may be a wonderful deal.
But from the point of view of a consumer of financial software, this is terrible. Intuit's products have been terrible and getting worse. I do better with a spreadsheet than their money management software, and it isn't even money management software any more, it's just an advertising platform that also keeps track of your money. The only good thing I can say about them is that their chief competitor (Microsoft Money) is as bad or worse.
Mint.com was different. It was great. Maybe it will continue to be different and great. Maybe not. But if I were to guess, I would guess that it will change for the worse.
My only REAL hope now is that someone else decides to come along and build something great. And then maybe THEY will sell it for another $170 million. Intuit, Microsoft, the phone company oligopoly: they all seem to be a new form of monopoly where competitors cannot break in to the market because the incumbent is too rich.