Tuesday night, I asked Justin Kitch, who sold his company, Homestead.com, to Intuit in 2007, how much Intuit paid for the company. "$170 million," he said. "No," I said, "That was Mint. How much was Homestead?"
"It's funny, isn't it?" he said. Both Mint and Homestead went for the same price.
Coincidence? Intuit also bought another company, Paycycle, in June of this year. Guess for how much. That's right. $170 million.
What the heck is going on at Inuit? Do they have a stack of pre-printed $170 million … Read more