Intuit Collaboratory Hits the Dead Pool

  • JJ Hornblass
  • March 8, 2013
  • 2

shutterstock_109796303Collaboration ain’t what it used to be at Intuit.

Intuit Collaboratory, an effort by the financial services and technology provider to work with other ventures, appears to have gone fallow.  The site at hasn’t been updated in months, and doesn’t look like it will be updated anytime soon. A ping to its “Submit Your Ideas” invitation yielded this message:

At this time we don’t have any current challenges. When we have current challenges this is where you would submit your ideas. Please check back with us soon.

This is in sharp contrast to Capital One Labs, Cap One’s partnership and innovation channel which boasts four — count ’em, four — APIs to tie into Cap One products and data. Capital One Labs is accepting partnership requests and lists 14 job openings, including Data Scientist. For which we will decidedly not be applying.

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JJ started the first iteration of Bank Innovation back in 2007, and has been working on it ever since. He also serves as President & Chief Executive Officer of Royal Media, Bank Innovation’s parent. He founded Royal in 1995 and oversees all aspects of the New York-based diversified media company. Prior to forming Royal, JJ was on the editorial staff of American Banker, the daily newspaper, and worked as an editor of a business magazine in Hong Kong. As a reporter and editor, he has won journalism awards from the National Press Foundation, Newsletter & Electronic Publishers Foundation, and the Reader’s Digest Foundation. He has a BS in Economics from Yeshiva University and a Master’s from the Columbia University Graduate School of Journalism. He was also a Fellow at the University of Wisconsin-Madison Graduate School of Banking. He lives in New York City with his wife, two daughters, and son. He counts among his accomplishments one New York City Marathon, two New York City Triathlons and the 2010 Father’s Day 5K, the first race he ever ran with his daughters. He can be reached at or 212-564-8972.

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2 thoughts on “Intuit Collaboratory Hits the Dead Pool

  1. J.J. – you are right that the Collaboratory site hasn’t been updated. We have now taken the site down (and have meant to before now.) The directed or centralized approach to open innovation that Collaboratory represents is just not as relevant to where we are currently in our innovation journey.

    Open innovation is alive and well at Intuit. We highly value the collaborating we do with universities, technology partners, suppliers, customers, visionaries and others who challenge us to be our best. What we’ve learned along our journey is that our various teams have made open innovation a more integral part of how they work. And they have expressed that the results are more effective when they lead the projects. With this open innovation leadership taking place across the organization, we no longer needed the more centralized or directed approach of the Collaboratory site.

    We can share more insights with you if you’d like. We have some of the latest news about our culture of innovation and some of the current things we have in the works (many of which reflect our strong innovation ecosystem) highlighted on the Intuit Network.

    Hugh Molotsi, VP, Technology Innovation, Intuit

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