Mint.com, a financial planning app that was a TC40 winner and acquired by Intuit in 2009, has just announced it has surpassed 10 million registered users. This is pretty incredible growth considering the company only had about 1.7 million users when it was acquired nearly three years ago.
The service is tracking more than $80 billion in credit and debit transactions and almost $1 trillion in… → Read More
Aaron Patzer, the founder of Mint, has a new project that he is spending half his time on (he continues to spend the other half as VP of Product Innovation at Intuit, which acquired Mint two years ago for $170 million). His new project is called Swift, and it is his vehicle (if you will) to exlore the feasibility of building a personal maglev vehicle transit system.
“The goal is to see if I can… → Read More
Morgenthaler Ventures is one of those Valley firms who did incredibly well during the Valley’s telecom/networking/enterprise software glory years. For all the dot com headlines in the late 1990s, enterprise software has long been the core of the industry’s returns, and the telecom networking build out was an order or magnitude bigger than the cash funding the more written about dot com fetes.
But… → Read More
Last night I caught up with Intuit founder Scott Cook and Aaron Patzer, the founder of Mint who know runs Intuit’s personal finance group. I whipped out my iPhone and did an impromptu interview. Cook and Patzer talk about where growth is coming from at Intuit, how it tries to encourage entrepreneurism, and the “payment graph.”
Cook is really excited about SnapTax, the TurboTax iPhone app that… → Read More
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