So I tend to go after things that are e-commerce, like healthcare. I actually don’t invest in anything that is social, mobile, deals or ad networks simply because those are areas where there are so many players and so many other smart people in the space, I feel like I don’t have a competitive advantage. Well, I can tell you about the things that don’t attract me. What are you looking for in a potential investment? You’ve invested in several startups over the last three years. You’ll need some good consolidation before it really takes off. Until you get it down to probably two, it’ll be hard to get the masses for consumer adoption.

Well certainly NFC is not in mobile phones, so that would be the biggest hurdle for that, and certainly there are lots of companies vying for a very fragmented market. That integrated system is where Intuit has an advantage in incorporating more into it.

So you’ve tied your payments all the way into your system of record you’ve used for taxes, business insights, statements, that your accountants. But I think one of the advantages Intuit’s GoPayments has though is not just on mobile payments but becoming point of sales systems, so not just being able to accept a payment, but also tying all of your information back to the services and inventory you have inside say, QuickBooks. They’ve got a great set of investors, and they have good executives. I think he’s great at PR - the company’s received a lot of press. There’s another company though in mobile that’s been getting a lot of buzz: Square from Jack Dorsey. One big trend Intuit’s catching onto is mobile service with products like GoPayment, that turn mobile devices into credit card and now check transaction machines. Well, things have changed, here’s how it probably should be done thinking from the customer mindset.

Why is this feature exist? Why does this dialogue box exist like this? Why is this stacked on that? Why did you name this like that?Īnd they actually had decent justifications for that but it was more like, well, some people asked about that 7 years ago. I probably had four three-hour sessions where I went through with all the engineers and the product team. Well, we removed about half of the before I got there my first day, so that helped.

Intuit mint founded