Jeff Jones, CEO of H&R Block Inc., believes there is a lot to learn from the way startups operate, and he’s spending millions of dollars to prove it.
In June, H&R Block (NYSE: HRB) surprised many by acquiring Wave Financial Inc. for $405 million in cash. It’s a rapidly growing company that offers small business free accounting, invoicing and receipt-tracking software, then generates revenue by offering payment processing, payroll and bookkeeping services.
The acquisition raised the question…
Jeff Jones, CEO of H&R Block Inc., believes there is a lot to learn from the way startups operate, and he’s spending millions of dollars to prove it.
In June, H&R Block (NYSE: HRB) surprised many by acquiring Wave Financial Inc. for $405 million in cash. It’s a rapidly growing company that offers small business free accounting, invoicing and receipt-tracking software, then generates revenue by offering payment processing, payroll and bookkeeping services.
The acquisition raised the question…