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Intuit to Acquire Mailchimp for $12B (investors.intuit.com)

582 points by marc__1 · 1835 days ago · 399 comments on HN

Article summary

Intuit is acquiring Mailchimp for $12B. The article appears to be a list of Intuit's products and services, including TurboTax, QuickBooks, and Credit Karma. Intuit's business model and practices have been criticized in the past. The acquisition of Mailchimp is likely to have implications for users of the email marketing platform.

Main themes

  • Intuit acquisition of Mailchimp
  • tax filing and reform
  • government services and lobbying
  • email marketing and alternatives
  • US vs international approaches to taxation
  • corporate practices and criticism

What commenters say

  • Intuit's business model is insidious and deliberately keeps bureaucracy alive to profit from it.
  • The government should provide free tax filing services to simplify the process and reduce the need for private companies like Intuit.
  • Other developed countries have successfully implemented simple and efficient tax filing systems, and the US should consider similar approaches.
  • The US has a unique system of government and culture, and policies that work in other countries may not be applicable.
  • The current tax filing process is a waste of time and resources, and automating it could benefit millions of people.
  • Intuit's lobbying efforts have prevented the government from simplifying the tax filing process and providing free services.
  • Users of Mailchimp are concerned about the implications of the acquisition and are looking for alternative email marketing platforms.
  • The idea that other countries have simpler tax filing systems is not necessarily a valid argument for implementing similar systems in the US.