Intuit to Acquire Mailchimp for $12B
This kinda feels like one of those acquisitions where all the special sauce that makes the acquired company a great company is the exact opposite in the acquiring company.That is, from all I've heard, Mailchimp is a great company to work at, and the founders definitely had the "scrappyness" that let them become so successful without VC funding, and their customers really like them too.Intuit, on the other hand, is basically the poster child for "regulatory capture" company. Also, since employees don't have equity (though I'm assuming they'll get fat bonuses for this), it's bound to cause some level of strife in the company.