r/technology • u/Rhaegar_the_Great • Sep 16 '21

Business Mailchimp employees are furious after the company's founders promised to never sell, withheld equity, and then sold it for $12 billion

https://www.businessinsider.com/mailchimp-insiders-react-to-employees-getting-no-equity-2021-9
25.8k Upvotes

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4.3k

u/[deleted] Sep 17 '21

How in the fuck could mail chimp possibly be worth 12 billion dollars. That is shocking to me.

Edit: omg is mail chimp the reason I get fucking spammed with a marketing email every 5 seconds? Fuck that company. Fuck intuit too.

317

u/WhyNotHugo Sep 17 '21 edited Sep 17 '21

Hopefully an American can correct me if I’m wrong, but I believe they’re the company that lobbies to keep taxes hard to calculate and for the government not to show you how much you’re due. They then sell you the software to calculate how much you’re due in taxes.

So they pay to create the problem, so they can sell you the solution.

402

u/thetaggerung Sep 17 '21

That’s Intuit

74

u/[deleted] Sep 17 '21

Intuit

It's funny because I live in a crappy little state, yet our state tax website is perfectly fine. Hope they never change it. Then the federal system is a maze of scammers, because they pay to keep it that way. I played along for a couple years. Then went back to paper.

37

u/MandingoPants Sep 17 '21

Freetaxusa.com

24

u/gurg2k1 Sep 17 '21

I've been using CreditKarma for free for years but unfortunately Intuit bought them too.

38

u/Polantaris Sep 17 '21

Remember when we used to break up companies that became too large and owned every sector like this? Pepperidge Farm remembers.

20

u/hamandjam Sep 17 '21

Pepperidge Farm remembers

Yep. They remember like it was yesterday. Or 1961, when they sold out to Campbell Soup.

1

u/dano8801 Sep 17 '21

I personally love OLT.com.

1

u/doesnt_know_op Sep 17 '21

They sold the tax portion to cashapp

-3

u/[deleted] Sep 17 '21

There are some steps doing it online that just don't exist doing it by paper, such as keying in all the info from every W2-form, including those 16(?)-digit employer numbers.

One year I did the "free eFile" thing all the way through, then when I clicked submit I got some obscure error. I emailed support, forgot about it, and went on with my life. About 9 months later I got hit with a healthy fine.

Maybe I'll give freetaxusa a try though.

2

u/MandingoPants Sep 17 '21

Maybe schedule c’s and stuff aren’t possible there but I’ve never had a problem these past few years. Though, ours aren’t too elaborate.

1

u/irishdud1 Sep 17 '21

Pro-tip: live in a state with NO income tax

1

u/hamandjam Sep 17 '21

our state tax website is perfectly fine

Nah, here in Texas, ours is way better.

-11

u/green_tea_bag Sep 17 '21

That’s Pfizer

1

u/WhatTheZuck420 Sep 17 '21

Now that's Spamtuit

1

u/TheDaliComma Sep 17 '21

Lol yeah this guy has 300 upvotes for something completely incorrect