If You Can’t Beat ‘Em, Buy ‘Em
Posted by George Pasley on September 15, 2009
The big news today was Mint.com being bought by Intuit. My guess is Intuit was worried about this new upstart that had astronomical growth in an area they assumed they had on lock. It makes you wonder whether the threatening letter Intuit sent to Mint was just a way to gauge Mint’s success.
I see this as a great move by Intuit. FinanceWorks is, well, not as good as the other web PFMs that are available. A year ago, Mint, Wesabe and Jwaala all had features that I don’t think FinanceWorks has to this day. From what I’ve seen in my usage, Mint really gets the whole web PFM space. With Intuit, I see the small business demographic really being helped.
