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I have to disagree; if it was that easy to replicate Mint's success, how come Mint can worth that much of money, and why people are using Mint's service instead
by nsoonhui 17y ago
I have to disagree; if it was that easy to replicate Mint's success, how come Mint can worth that much of money, and why people are using Mint's service instead of Your-Mint-Clone?
Your comment reminds me of the remark ( either here or on reddit, I can't remember) that StackOverflow is easy and can be cloned in a week, because the underlying technology is not hard to replicate. What you forget is market often pays a premium for the database, not the technology. Getting the technology to setup is easy, getting the subscribers, is not.
- steamboiler 17y agoUnfair comparison. I never said it was easy to clone Mint or tried to trivialize Mint's achievements. On the contrary I emphasized the word "relatively". My argument was that Yodlee is the senior partner in the Mint-Yodlee collaboration. I am also guessing here that Intuit has far more access to financial data (banks as well existing quicken databases) than Mint-Yodlee. EDIT: rephrased for clarity.