Friday, December 27, 2013

Google Should Buy Intuit, Crush PayPal

Heard anything good lately?....here at  ExactCPA we read everything including Monte Hayward who has an interesting opinion and writes: Google Should Buy Intuit, Crush PayPal


I wrote that Google is Going After PayPal with Google Wallet. What would be Google's natural next step? Google is a few components away from owning the money round trip: POS  devices, mobile payment devices, bill presentment, and personal finance. Google could acquire Inuit, get all of those, sell you a mortgage, and prepare your taxes.

Intuit has its own cash-register size POS system and mobile payments device GoPayment. It has announced integration with Square via Square-Quickbooks integration. It has freebie Mint.com, and three paid tiers of the mobile-plus-desktop Quicken 2014.

Money Required

Intuit would cost less than Ebay, and more than recent Google acquisition Motorola. Square is arguably already on-track for an acquisition, given its recent integration to blood rival Intuit.
  • $373B - Google Market Cap
  • $70B - Ebay Market Cap (including PayPal) 
  • $21.8B - Intuit Market Cap
  • $12.4B - Google acquired Motorola for $40/share
  • $341M - Square Total Funding

0 comments:

Post a Comment