Wednesday, December 29, 2010

Over A Year After Its Acquisition, Is Mint Still Fresh?

Here at TechCrunch, we've long been fans of personal finance site Mint, which won our first TechCrunch40 conference in 2007 and was acquired two years later by Intuit for an impressive $170 million. But things may not be going gangbusters at the company these days. We've learned that in the next month, three key employees from the original, pre-acquisition team will be leaving, including Director of Marketing Stewart Langille, lead designer Justin Maxwell, and head software engineer Daryl Puryear. One Mint insider estimated that around 40% or more of the pre-acquisition team has left since Intuit bought the company in September 2009, some of whom have left substantial amounts of unvested stock on the table. Most of the executive team remains, but many employees have gone on to work at or launch their own startups.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/qKGsLSkaCk4/

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