2020-02-23
If CAC is the new rent, distribution becomes 🔑. M&A is a great strategy to acquire those customer relationships en masse (Credit Karma 100mm+ members) and new data sources (SKU data in the Honey deal). Fintech is having hell of a week. https://twitter.com/...
Wall Street Journal
Sources: Intuit is nearing a deal to buy personal finance portal Credit Karma for about $7B in cash and stock; the deal could be announced as soon as Monday
Acquisition would be Intuit's largest ever and the first sizable transaction under CEO Sasan Goodarzi Tweets: @cararlombardo , @carnage4life , @bsteverman , @chriszeoli , @cararlom...