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TechFold is technology discussion, commentary, reviews, and opinions from well outside the valley. There's no koolaid to drink here, and TechFold is not in SL, or on Twitter.

Watch Google Buy FreshBooks

FreshBooks is a noteable Canadian accounting startup that is widely acknowledged to have elevated online accounting apps to a new plateau in terms of ease of use and effectiveness. They’ve got an API, a rational/cheap/flexible pricing schedule, lots of users (250k!), a blog, and a well-rounded feature set.

So, when Read/Write Web and Jay Eye Sea suggest that Google has the motivation, resources, and market opportunity to get into online accounting, I say they’re going to pull a Feedburner/YouTube and just buy the best-of-breed that’s out there already. In doing so, they’ll get a great product, and great team, and a revenue stream.

What’s stopping them?

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