Scott Cook started Intuit in 1983, and since then he and the company have overcome quite a few obstacles. He watched as mobile became a dominant channel in people’s lives, found ways to penetrate emerging markets, and leveraged Intuit’s excellent reputation to pick up the hot new kid on the block, Mint.com.
Mint.com, the financial service we first mentioned at TechCrunch40 in 2007 (wow, that seems like a long time ago), announced that they have launched a new native app specifically for 9 and 10 inch Android tablets running Honeycomb and Ice Cream Sandwich.
This new app, available in the Android Market, will join the previously available versions for iPhone, iPad and Android mobile phones. → 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
Money Dashboard, which can be thought of as a Mint.com for the UK, gets its consumer launch today.
Running in some form of beta since December 2009, the startup, which is funded to the tune of £2m, provides an online service for consumers to manage their finances via a dashboard that aggregates data – balances and transactions – from online bank accounts and credit cards etc. It’s powered by… → Read More
But things may not be going gangbusters at the company these days. We’ve learned that in the next month, three key employees from the original, pre-acquisition team will be leaving, including Director… → Read More
While attending an exhausting, snowy yet insightful LeWeb in Paris, the TechCrunch Europe team met with a variety of startups and founders. One of them is a recently launched Slovenian company called Toshl, which gives people a well-designed mobile app to track their day to day expenses.
Both the web interface and the mobile version, which is available for most mobile phones such as iPhone… → Read More
The latter launched later than Wesabe (and won the top prize at the TechCrunch40 conference back in 2007) and was later acquired by Intuit for $170 million, while Wesabe had a less stellar exit and hit the deadpool last June. → Read More
Money Dashboard, which is shooting to become the Mint.com for the UK, launched its open beta today, coming out of a period in closed Beta which, they say, was “massively over-subscribed” after its appearance in October. The site recently completed a funding round, securing £1 million of investment via a consortium of investors.
It also has a lot less competition now that main competitor, Kublax… → Read More
The best way to describe Offermatic is this – imagine if Mint, Blippy and Groupon went off to Vegas for the weekend, got wasted and ended up in bed together. Nine months later, out pops Offermatic.
Like Mint, Offermatic is a front end user interface to Yodlee’s robust financial network. And the service digs through your credit card transactions just like Blippy does (although they aren’t posted… → Read More
What the deuce? This looks like some sort of Swiffer/robot cyborg that mated with an Apple power supply. Apparently the Mint floor cleaner is available for $249 and is now on pre-order. The sweeper dusts and wet mops floors and you can add Swiffer cloths to it. It’s much smaller than the Roomba and I’d actually wager it’s a bit more handsome. This is truly an exciting time for… → Read More
Are you a budding Web entrepreneur who would like some pointers or advice from seasoned company founders? MayField Fund and First Round Capital are sponsoring a raffle to give away mentoring sessions with the founders of Digg (Jay Adelson), Flickr (Caterina Fake), Mint (Aaron Patzer), Ning (Gina Bianchini), Slide (Max Levchin), and Zynga (Mark Pincus).
The raffle will take place at a private… → Read More
We track a lot of acquisitions on CrunchBase. At the beginning of 2009, acquisitions were at a standstill. But as the economy begrudgingly roused itself from recession, the deal flow started to pick up in the summer, and then rebounded more in the third quarter. There are still a couple weeks left in the year, and a lot can still happen, such as Google buying Yelp for more than $500… → Read More
Feel like this holiday season is a bit cheerier than last year’s? You’re not alone. According to some new data from personal finance site Mint (which was acquired by Intuit for $170 million earlier this year), the holiday season has been accompanied by a major bounce in consumer spending. After a dismal shopping season in 2008, many retailers specializing in everything from electronics to… → Read More
The U.S. unemployment numbers are out today, and most headlines will show that the U.S. unemployment rate in November was 10.0 percent, down from 10.2 percent in October. That number is depressingly large, but even that under-counts the true number of unemployed. For instance, it doesn’t count those people who don’t have a job and have given up looking for one, or those who have found marginal… → Read More
Venture capitalists like to hire well known entrepreneurs and executives as “entrepreneurs in residence.” These are short term jobs, a place for someone to park themselves for up to a year or so after they’ve sold their company or otherwise have moved on. They sit in on pitch meetings, advise partners and portfolio companies, and plan their next move. And the VC generally, but not contractually… → Read More
Yesterday, Intuit closed on its previously announced $170 million acquisition of personal budgeting site Mint, making Mint founder and CEO Aaron Patzer the new vice president and general manager of Intuit’s Personal Finance Group. He is now in charge of not only Mint.com, but also all of Quicken’s online and desktop products. What will his first order of business be? I spoke to him today to… → Read More
Last night I posted the video of Mint CEO Aaron Patzer’s 45 minute presentation on building startups from the ground up. If you are an aspiring startup entrepreneur, you’ll want to watch that more than a few times. The candid disclosures and advice he gives is rarely seen in Silicon Valley.
Some readers requested to see the presentation deck as well, so here it is. Patzer shows how he raised and… → Read More
Let’s say you have an idea for a startup. How do you begin the process of finding cofounders and employees, creating a corporation, handing investors, growing the company, etc.? There are lots of details about building a startyp that are usually a mystery to the newly initiated founder. Usually you have to learn this stuff on the job, making mistakes along the way.
But not anymore. Last night I… → Read More
With the new Yahoo homepage that was previewed last July and is now rolling out more broadly as part of Yahoo’s new “It’s Y!ou” branding exercise, the main Yahoo homepage is taking on more of the personalization features on MyYahoo. There are all sorts of handy widgets in the left-hand column ranging from Facebook status updates to Gmail to any news feed (just type in a URL like Techcrunch.com… → Read More
A lot of people at Adobe weren’t all that happy when YouTube was acquired by Google for $1.65 billion in 2006. After all, YouTube was just a pretty front end to the core Flash web video technology created by Adobe. YouTube got rich. Adobe got peanuts.
Now more than ever, personal finance education and help is crucial to anyone’s financial health. Mint.com, a former TechCrunch 40 company who won the top prize at the conference, has grown incredibly since its launch and was recently acquired by Intuit for $170 million. TechCrunch50 startup LearnVest is serving a different purpose when it comes to online finances; the startup focuses on helping… → Read More
Today, exactly two years after launching at TechCrunch40, I’m excited to announce that Mint.com has signed a definitive agreement to be acquired by Intuit for about $170m. Intuit, a $10b company… → Read More
Intuit will acquire the free online personal finance service Mint, we’ve confirmed from a source close to the deal, for around $170 million. Silicon Alley Insider first reported a rumor on this. The deal should be announced in the next few days.
More information is coming in about that $14 million third round of financing that personal finance service Mint closed last month. That financing, we’ve heard from two sources close to the company, valued Mint at a whopping $140 million post-money valuation.
In a “normal” round of… → Read More
Personal finance tracking site Mint.com added a bunch of new budgeting and trending features today. Mint presents consumers with a financial dashboard based on spending and income data from their bank, credit card, and other financial accounts. It expanded its charts to include spending over time, income history, asset allocation, and net worth over time.
You can now plan for irregular expenses… → Read More