3/15/2023 0 Comments Quickbooks tutorial youtube 2015In 1993 Intuit went public and used the proceeds to make a key acquisition: the tax-preparation software company Chipsoft based in San Diego. Roughly around the same time the company engaged John Doerr of Kleiner Perkins and diversified its product lineup. This was the first time a software company offered a rebate. To win retailers' loyalty, Intuit included a US$15 rebate coupon, redeemable on software customers purchased in their stores. In 1991, Microsoft decided to produce a competitor to Quicken called Microsoft Money. The first version of Quicken was coded in Microsoft's BASIC programming language for the IBM PC and UCSD Pascal for the Apple II by Tom Proulx and had to contend with a dozen serious competitors. The two started Intuit, which initially operated out of a modest room on University Avenue in Palo Alto. On his quest to find a programmer he ended up running into Tom Proulx at Stanford. Intuit was conceived by Scott Cook, whose prior work at Procter & Gamble helped him realize that personal computers would lend themselves towards replacements for paper-and-pencil based personal accounting. The company was founded in 1983 by Scott Cook and Tom Proulx in Palo Alto, California. ![]()
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