https://www.wsj.com/articles/intuit-near-deal-to-buy-credit-karma-for-7-billion-11582433880
Honestly, I have no idea if it's true.
Wow. Congratulations.
Rad!
Nooooo, intuit is so fucking evil. They’re definitely doing this to shut down CK’s free tax product. CK engineers please copy that codebase and make a startup that keeps competing against TurboTax
I think Credit Karma should go public soon and beat Intuit directly
I don't understand why should Intuit buy CK! CK gives free tax filing and Intuit lobbies to not simplify tax product. Even Mint is not doing that great. Culture of CK is much better, Intuit culture is terrible
Because they’ll make it not free or significantly castrate the free offering to push more people into the monetized ones
Exec MBA 101 acquire competition and kill it, how to defend against disruption. But srsly, financial brokering could be a good network effect.
Credit karma app is becoming shittier by the day.
Jeez
How much would CK employee make after this ? Assuming 100K $ per year vesting ?
If this happens, get ready for inflated salaries for CK employees! More than FANG for same level haha because this will be ~80% more than current $4 billion valuation
Oh yes . Senior Eng at CK gets $150k stocks . Which is now $ 300K plus 240 base salary . This is way above FAANG . L6 of FAANG
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Avoid teams with only Chinese or Indians especially with a Chinese/Indian manager
Layoffs coming