In Its First Funding in 14 Years, 1Password Raises $200M Series A • Hacker News Board

Re: In Its First Funding in 14 Years, 1Password Raises $200M Series A

#71

Post by TheTaytay » Thu, Nov 14, 2019, 4:49 PM UTC

danShumway wrote: post #18

I'm in the process of convincing a business I'm working with to start using 1Password for all of our password management. I really hope this story isn't the first warning sign that the decision was a mistake.

I think that the business use case will become their sweet spot...

Re: In Its First Funding in 14 Years, 1Password Raises $200M Series A

#72

Post by yardie » Thu, Nov 14, 2019, 4:50 PM UTC

warpech wrote: post #54

jliptzin wrote: post #50

Earlier quoted context omitted.

I haven’t tried 1password, I have been using LastPass, would you recommend I switch?

Bitwarden IMO beats LastPass and 1Password. Very polished, hassle free experience

I have 1Password and Bitwarden on my screen right now. Bitwarden does not hold a candle to 1Password. There is no Watchtower or MFA availability notification. Yes, BW is a password manager, and that is about it.

Re: In Its First Funding in 14 Years, 1Password Raises $200M Series A

#73

Post by MagicWishMonkey » Thu, Nov 14, 2019, 4:51 PM UTC

swozey wrote: post #30

I feel like I've spent an absolute fortune on 1password over the last decade. I'm pretty sure it was, what, $70 when I got it 6+ years ago? Now I'm paying monthly (2.99 or 4.99/mo x .. 3-5 years?) which is pretty ironic considering a lot of us initially left LastPass to go to 1pass because it was 100% offline (I'm aware you can do local vaults still). At least the QOL updates have been coming faster lately, especiall…

I bought the family plan (5 licenses, I think) for $100 back in 2013. I can't upgrade past 1Password 6, but I'm ok with that. It works well enough that I can't justify a subscription just to get a few of the newer features that I probably will never use.

I'll probably have to switch if/when the firefox plugin stops working, but hopefully that won't be any time soon.

Re: In Its First Funding in 14 Years, 1Password Raises $200M Series A

#74

Post by novok » Thu, Nov 14, 2019, 4:52 PM UTC

swozey wrote: post #62

scott_s wrote: post #47

Am I the only one who considers this a good thing? I recently started using 1Password, and I love it. I finally jumped in because a colleague gave it glowing praise and my company gave us corporate accounts. After using it for a week through my company account, I created a separate personal account for myself. I happily pay a monthly subscription because it is a service I benefit from daily. It also lets me neatly ma…

> Am I the only one who considers this a good thing? This company over the years has, multiple times, basically ripped the rug out from under its users (moving to online vaults, hiding native app, switching from a single fee to monthly charge) so I really don't see it as a positive. From comments in here it seems like they'll be focusing on Enterprise. That just leads me to assume they'll listen to consumer feedback…

What do you mean native app? I use the native apps all the time and it’s a pretty prominent thing that you get redirect to when you press get started on their front page

Re: In Its First Funding in 14 Years, 1Password Raises $200M Series A

#75

Post by wlesieutre » Thu, Nov 14, 2019, 4:57 PM UTC

warpech wrote: post #54

jliptzin wrote: post #50

Earlier quoted context omitted.

I haven’t tried 1password, I have been using LastPass, would you recommend I switch?

Bitwarden IMO beats LastPass and 1Password. Very polished, hassle free experience

I just switched from 1Password to Bitwarden and it is absolutely not polished compared to 1Password.

Re: In Its First Funding in 14 Years, 1Password Raises $200M Series A

#76

Post by siproprio » Thu, Nov 14, 2019, 4:58 PM UTC

warpech wrote: post #54

jliptzin wrote: post #50

Earlier quoted context omitted.

I haven’t tried 1password, I have been using LastPass, would you recommend I switch?

Bitwarden IMO beats LastPass and 1Password. Very polished, hassle free experience

Bitwarden had a crappy (and slow) android app, a crappy (and slow, touch based interface, poor right click options, poor design, memory hungry, crippled) windows desktop app, and an OK (for a web app) desktop site.

It only beats 1Password on price.

If you don't want to pay for a fucking awesome app, good riddance to you.

Re: In Its First Funding in 14 Years, 1Password Raises $200M Series A

#77

Post by chubot » Thu, Nov 14, 2019, 5:00 PM UTC

dajonker wrote: post #19

atonse wrote: post #17

Why? I mean, by all means they've always felt like a true bootstrapping success story (I'm a happy 1Password customer for many years). Why take funding and give up control of your company to an outsider now?

Because you can cash millions so you'll never have to work again for the rest of your life?

It sounds like they could have already done that given the success of the company? A company that's been profitable for 14 years has likely made its owners rich.

Is it really a matter of getting $4X M instead of $X M?

Re: In Its First Funding in 14 Years, 1Password Raises $200M Series A

#78

Post by wlesieutre » Thu, Nov 14, 2019, 5:00 PM UTC

Eric_WVGG wrote: post #59

warpech wrote: post #54

Earlier quoted context omitted.

Bitwarden IMO beats LastPass and 1Password. Very polished, hassle free experience

the Mac client doesn’t support biometric login (TouchID), which we’ve only had on these computers for about four years...

Electron finally added support for TouchID a few months ago (version 6), so hopefully that's coming

Re: In Its First Funding in 14 Years, 1Password Raises $200M Series A

#79

Post by lotsofpulp » Thu, Nov 14, 2019, 5:04 PM UTC

nytesky wrote: post #58

toomuchtodo wrote: post #14

Earlier quoted context omitted.

There are several competing password managers today of course! My take is that like Dropbox (disclaimer: paying Dropbox customer until iCloud Files is just a bit better), this is a feature, not a product (unless you need team or cross platform functionality, but for teams you should probably be enterprise grade with SSO instead of sharing creds). I'd switch from BitWarden to a native Apple solution the moment the Key…

Why or why is Apple keychain so limited. It is strictly for website address/passwords, so doesn't work for a more diverse robust security password manager. And the sync is very flaky (when I create items within the setting application, they don't show up on my phone). And its multi steps to simply launch keychain since its not a true native app on MacOS nor iOS.

I like that keychain is limited, at least it makes me feel like there’s fewer possible vulnerabilities.

KeepassX and minikeepass on iOS are my go to for secure notes. I don’t see the need for super convenience with my credentials, I’m willing to do some work to access them.

Either way, I’m not handing over a database of login info to a SaaS company. Might make sense for large companies though.

Re: In Its First Funding in 14 Years, 1Password Raises $200M Series A

#80

Post by halite » Thu, Nov 14, 2019, 5:05 PM UTC

ghshephard wrote: post #31

This isn't really a typical Venture funding, and is definitely not a "Series A". Traditionally, at this point, 1Password would probably have just gone Public, without any need for venture funding. But, why go to the hassle of doing that when you can get most of the same benefits ($$$) without any of the pain (public reporting, SOX, etc...). The VCs at this point would be happy with a 3-4x return, because the risk is…

1Password is slowly starting their enterprise game. All employees were offered 'free' 1Password accounts last week for entire family as long as I'm with my current company.