Credit Karma will be physically annihilated in the next recession

Albertsons rvUd72111
May 21 42 Comments

Creidt Karma is not diversified. All the money is from ads from a few bored credit card companies. When the recession hits nobody is issuing consumer credit, let alone through sketchy websites, and credit karmas revenue will be physically annnihilated in 1-2 years.

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TOP 42 Comments
  • But the real question is, how will it affect Albertson’s?
    May 21 4
    • Northrop Grumman HowCouldYu
      Lol
      May 21
    • Albertsons rvUd72111
      OP
      All the liberals will consume each other and the demand for groceries will fall
      May 21
    • F5 Networks baba-
      🤣
      May 21
    • Nvidia magicdrago
      Albertsons gotcha!!
      May 22
  • Clover Health sinkinship
    I'm pretty sure they'll be fine.
    May 21 7
    • Albertsons rvUd72111
      OP
      Literally credit card revenue goes down a few percent and they are toast, no way to bounce back with their ever declining market share
      May 21
    • Clover Health sinkinship
      And where is their market share headed?
      May 21
    • Albertsons rvUd72111
      OP
      Based on Google trends it is going down vs Equifax and TransUnion
      May 21
    • Clover Health sinkinship
      Mmmm but that's just searches, no?
      May 21
    • Albertsons rvUd72111
      OP
      Google rank = life
      May 21
  • Credit Karma GroverLoaf
    Okay?
    May 21 1
    • Albertsons rvUd72111
      OP
      It's fine now I guess
      May 21
  • Credit Karma nullp0intr
    Let me guess, you got fired from Credit Karma and now bagging groceries at Albertsons and thus mad...
    May 22 1
  • LinkedIn 黃帝
    I’m honestly surprised Albertsons is allowed on this platform
    May 21 2
    • Clover Health sinkinship
      Why wouldn't they be? They're allowed on yours lol
      May 21
    • T-Mobile / Design je9b3xa
      Why would you think your company is better than theirs when it comes to adding value to their customers life? Why do people think in this hierarchical way, putting themselves above others?
      May 22
  • Salesforce bananaface
    Are you the same guy that posted about scale being easy? TC or GTFO
    May 21 2
  • PayPal zDsg61
    Credit Karma is actually awesome and is rapidly diversifying their portfolio into a recession-proof business
    Jul 5 1
    • Credit Karma / Data
      SrfrBoi69

      Credit Karma Data

      PRE
      Google
      SrfrBoi69more
      +1
      Jul 21
  • Uber bobaboi
    Please dont go bankrupt until after my next tax return filing thanks
    May 21 0
  • Twitch / Biz Dev OWL#1Deal
    I think most of tech are going to suffer when the recession hits. It's mind boggling for me that some of the biggest tech giants are functionally ad agencies. Yes, they create cool tech, but damn... 95 percent of google and fb revenue is all ads. I guess you can argue that advertising is an essential expense, but imo, when shit hits the fan and people are cutting budget, we're all royally fucked.
    May 21 1
    • Twitch / Biz Dev OWL#1Deal
      Albertsons might actually do alright. People who shop at Albertsons would prob still shop at Albertsons when the economy goes belly up. If I were Albertson, I'll pray for a massive recession to hit the fan now such that competition like Amazon gets fucked
      May 21
  • Amazon
    Maxter

    Amazon

    BIO
    Yo-yo Chen
    Maxtermore
    Why are folks from Albertsons so salty?! I am not sure if the person who keeps on obsessing about Walmart on Blind is the same person as OP🤔
    May 21 0
  • Credit Karma kqqo46
    Albertsons as a company I have no issues with. The nonsense that's posted here by Albertsons employees though, adds no value even by blind's standards
    May 22 1
    • Twitch / Biz Dev OWL#1Deal
      It's the same guy everytime... You know that right?
      May 22
  • Credit Karma kqqo46
    Drugs much?
    May 21 1
    • Clover Health sinkinship
      I mean, I'd expect this from a NerdWallet employee, but c'mon. 😹
      May 21
  • Reddit 18526sf$$$
    lol did you interview and not get hired there?
    May 23 0
  • Amazon
    Amz

    Amazon

    BIO
    Yo-yo Chen
    Amzmore
    Prime Video is producing new movie called “ALBERTSONS RETURNS”
    Jul 5 0
  • New bmmC14
    The next recession will be related to student and car loans. Shit companies will go down, good ones won’t.
    May 21 3
    • Albertsons rvUd72111
      OP
      The exact thing ck gets revenue
      May 21
    • Google uzaname
      I would challenge this shallow thinking. It might be true but who knows?
      Credit karma is all about control over your financials. This is actually a service that will be looked for during the recession. Now, if they manage to spin their ad exposure from CC to eg credit consolidation, debt rollover they might be actually gaining ground. Add to that free tax solution that could complete with expensive TurboTax and you have a nice little niche.
      May 21
    • New bmmC14
      To be honest credit carma had advantages before banks rolled out their own credit score tracking. I did use credit carma for 3 years now.
      May 21
  • This comment was deleted by original commenter.

    • Albertsons rvUd72111
      OP
      Credit Karma will be absorbed into larger companies that offer the exact service but better. Snapchat and the like are at least distinct products that might survive.
      May 21
    • Albertsons rvUd72111
      OP
      Ck's only competitive advantage is that it is cool or whatever
      May 21
  • New / Finance MWSt70
    Reality: interest rates for risky, pre-approved personal loans they offer will go up. They will push those more over credit cards. They will be fine.
    May 21 0

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