Miguel Armaza sits down with Eric Dunn, CEO of Quicken, one of many largest private finance software program firms within the US with over 17 million purchasers and likewise one of many unique fintech manufacturers, launched over 30 years in the past.
On this episode, we focus on:
- Eric’s profession and why he determined to affix Intuit in 1986 as worker #4!
- Turning into an investor and his reflections from just a few years he spent in Enterprise Capital and the way it made him a greater operator
- Quicken’s journey and a few of their challenges and reflections from over 35 years
- Thought course of behind Intuit’s resolution to spin off Quicken
- His administration strategy and frameworks Eric makes use of to make strategic firm choices
- Evaluation of a fast-growing fintech house
- And much more!
Eric has served because the CEO of Quicken Inc since 2016. He has been a part of the Quicken enterprise since its early days — he joined Intuit, Quicken’s earlier proprietor, as worker #4 in 1986, when Quicken was the one Intuit software program product. Over the course of his 20 years at Intuit Eric served because the CFO via the 1993 IPO and merger with ChipSoft (TurboTax); whereas he was CFO, he was additionally a software program developer who labored on virtually all the early variations of Quicken; he was the primary VP/basic supervisor of the Quicken enterprise; he was Intuit’s first CTO; after which led Intuit’s funds enterprise throughout an extra tour of obligation at Intuit in 2010–2015. Eric retired from Intuit in 2000 to pursue a second profession in expertise investing, first as an angel investor after which as a Common Companion at Cardinal Enterprise Capital. Eric has served on the boards of administrators of dozens of firms and organizations, together with six public firms.
Eric is married and has two kids, each not too long ago graduated from school and employed. In his free time, Eric performs tennis and squash and is a piano pupil. He’s additionally a helicopter pilot and flies a Robinson R66.
Quicken is the #1 private finance software program within the US. For over 30 years, clients have relied on Quicken to handle all their funds, to allow them to lead wholesome monetary lives. In 2016, Quicken, previously a part of Intuit, turned an impartial firm. Its desktop and cloud product suite features a household of merchandise that cater to completely different monetary wants and machine preferences — Quicken Starter Version, Quicken Deluxe, Quicken Premier, and Quicken Dwelling & Enterprise, all of which might sync with Quicken’s web site and cellular apps — in addition to Simplifi for cellular and net. Simplifi, named the “finest budgeting app” by The New York Occasions’ Wirecutter, is designed to assist a brand new era of mobile-first clients simply keep on high of their funds. Over 17 million folks have used a Quicken product to handle their funds. Study extra at www.quicken.com.
Full interview → Spotify | Soundcloud | Apple
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Miguel Armaza is Co-Host of the Wharton Fintech Podcast and Co-Founding father of Gilgamesh Ventures, a seed-stage funding fund targeted on fintech within the Americas.
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