Intuit plans to buy Credit Karma for $7B

Re:Intuit plans to buy Credit Karma for $7B by cityzen on Monday February 24, 2020 @02:31PM (#22407513)

Is this another company that took over $800 million in VC and can't seem to figure out how to make money? And the founders and VCs get a big payout, Intuit gets a big data payout and all the losers that took credit karma at their word are SOL?

Sounds awesome. Pro tip... maybe startups should try starting conventional businesses that actually make money?

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Re:Intuit plans to buy Credit Karma for $7B by harsh3090416 on Monday February 24, 2020 @02:37PM (#22407577)

From this article it seems creditkarma has been profitable since 2015. --> https://www.sramanamitra.com/2018/06/06/credit-karma-delays-...

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Re:Intuit plans to buy Credit Karma for $7B by lern_too_spel on Monday February 24, 2020 @02:35PM (#22407555)

Why should startups take your advice? It sounds like they made money by not following it.

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Re:Intuit plans to buy Credit Karma for $7B by cityzen on Monday February 24, 2020 @03:08PM (#22407890)

And they're selling out to intuit why?

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Re:Intuit plans to buy Credit Karma for $7B by Sohcahtoa82 on Monday February 24, 2020 @03:16PM (#22407977)

Money is money.

Whether the money is coming from customers or from a larger company buying them out, the CEO of CK walks away with a ton of cash.

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Re:Intuit plans to buy Credit Karma for $7B by cityzen on Monday February 24, 2020 @03:38PM (#22408196)

yay money.

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