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Mint.com’s Former Owner Makes Millions In Sale Of Mint To Intuit
In: The Domains
18 Sep 2009Last week we told you about the sale of Mint.com, the financial site to Intuit for $170 million.
Today according to TechCrunch.com, the former owner of the domain, Hite Capital got a “substantial” amount of stock in the Mint.com site’s company when he sold the domain to
“”That stock was worth a “couple of million dollars” after the sale.”” according to TechCrunch source.
It is not clear if the stock was an addition to any type of cash payment made at the time, but still another seven figure sale for a domain.
As a side note it seems the owner of Mint.com, Aaron Patzer, went to the Rick Schwartz school of negotiation, turning down $130 Million for his 2 year old company, earlier this year during the market meltdown, before Intuit came back with the $170 million dollars offer.
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