Newest Content
Latest NYC Coverage
NY Web Tech Directory
Most Popular Content
Freshly Baked Jobs
Press Releases
New Interviews
Recent comments
- Re: TinyURL Adds Custom URLs; Is This Exciting or What?
32 min 31 sec ago - Re: TinyURL Adds Custom URLs; Is This Exciting or What?
1 hour 1 min ago - Re: Amtrak's Express 2107 Microblogging Express Service (video)
1 hour 39 min ago - Re: TinyURL Adds Custom URLs; Is This Exciting or What?
2 hours 37 min ago - Re: TinyURL Adds Custom URLs; Is This Exciting or What?
2 hours 53 min ago
All Companies Have Goals -- Ever Wonder what Mint's Corporate Goals Are?
Written by Allen Stern - November 2, 2007
One of the noted strenghts of Mint, the new online money management tool, is to help you create goals with regards to money. Today, Theron Parlin, CTO of Geezeo believes he found what Mint's corporate goals are. Geezeo and Mint aren't direct competitors as Geezeo offers a wider variety of services including investment tracking.
Theron has posted on his blog displaying the image below and calling it, "douche baggery". He then continues:
"The founder of Mint and one of his developers decided they wanted to show us at Geezeo that not only do they have terrible taste in hats, but that pettiness and foul language towards a competing company is part of the silicon valley way. I don’t blame them for being upset, after all, with a smaller team and less resources we’ve been able to beat them to the punch in every aspect of what we do. Well, let’s be fair, I wouldn’t create a goal on Mint’s site because they don’t have goals. Come to think of it, they don’t have groups either, or support for investment accounts, or mortgages, or auto loans. "
Mint has received a variety of press since their launch and the big win at Techcrunch40, both positive and negative. On the positive side is TechCrunch authoring a bunch of posts about the service. On the negative side, there are posts including, "Mint thinks I am cheating on my wife".
My feeling about these apps remains the same, I am not comfortable sharing my ultra-sensitive logins with a brand new startup. While both apps talk about their superior security, will they be there for me when someone breaks into my account? And how will say WaMu respond when they find out that I have been accessing my WaMu account using a third-party service. Unfortunately Aaron completely ignored my questions on the TC comments thread about the above and about insurance for liability. I have also read a variety of reports that the savings that Mint recommends are not possible for that person either due to implied savings that Mint doesn't recognize, location, etc.
Our Partners
Mint is the poster child of a service that needs to implement OAuth. Of course the sites they connect to must do it first but without a way to give them access without giving them your password, they will find it hard to get users.
Amazing how far supposedly "legit" companies go when it comes to competition.
All things set aside but I would really expect them to keep a professional distance especially because they deal with finances and want me to disclose so much about my spending.
I would welcome my bank to flame their competitor just because they can. I would regard this as unprofessional and move on.
In regards to the competition, I don't think Geezeo and Mint are direct competitors. They have different markets that target and offer different services. I find Geezeo to be much better and more user friendly.
I've been using Geezeo since May and absolutely love it! The site has just been revamped and gets better and better. As a student it is very hard for me to keep track of my finances, especially on my debit card. With Geezeo's new budget tool it helps me track how much I spend and budget better for the future.