Intuit sells Quicken to private equity firm in management buyout

Hi Fred. Old news, this was posted last week by David Arnstein. See the thread with video links reference titled "New home found for Quicken".

I wasn't sure if it were posted or not, so I decided to do so.

In case the purchaser's are listining - IMHO they don't charge enough for Quicken. 40 odd dollars every three years for an appliction I depend on! I don't know what the elasticity of demand is but I suspect they could easily go to a $50 a year subscription model with little loss of customers.

With all the bugs and feature regressions that I currently see in Quicken, I would definitely look at alternatives if the price went to $50 per year on a subscription basis.

For starters, I DO NOT LIKE subscriptions for software.

If you want me to buy the next version, make it worthwhile for me to buy the next version. The subscription model tends to allow the vendor to slow down the release of enhancements because, well, the money will be there because it is a subscription. I prefer to make the vendor work for my money, not just take it on a regular basis.

I would not pay %50 per year for the current product. I'd want to see improvement in the quality and robustness before I purchase a new version every year for $50.

I understand your reluctance. My problem is that AFAIK there is no alternative! At least for me, who has all my transactions "forever" in my data base and depends on search to keep track of what I've done in the past. And catagories to keep track of spending, including tax related spending. And download to keep an eye on my bank and credit cards. And and and.

IMHO, the "sell a new version every three years" model has led to unneeded churn. You can't really sell bug fixes, after all, so you make the new version different. Not what I need. I'm willing to pay to have the software and infrastructure maintained. I really don't need new features - at least not any the ones offered in the past several years.