Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

news.crunchbase.com

Post reply on HN
Print view View original

131–140 of 394 posts

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

#131

Post by ble52 »

callumprentice wrote: post #90

I've been a customer for 10 years (coincidentally, I checked email and I downloaded it from the iOS app store 10 years today) and very happy. The two things I'd love for them to fix are: 1/ Make the Windows version feel more like the macOS one. I switch between the two OS's all the time and it always feels jarring to open the Windows one after using the other. 2/ Add an option to cache everything locally. My phone ha…

Personally I like that macOS and Windows apps are different. Those are two different platforms, with their own design paradigms, human interface guidelines, etc. They should have different versions, tailored specifically for the OS they're running on. I don't like apps, usually Electron- or something like that-based, that are exactly the same on all platforms, because they feel out of place on all of them, IMHO.

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

#132

Post by chrisweekly »

cj wrote: post #117
sagichmal wrote: post #102

Earlier quoted context omitted.

> Ever since they went to the cloud, I stopped using and recommending them to friends and family. The whole point of using a password manager is that the passwords I create and use on my {desktop, laptop, work machine, phone} are immediately and seamlessly available to me on all of the other platforms. As far as I know it is Cloud integration which enables this absolutely necessary and table-stakes functionality. Is…

1password had (maybe still has?) integrations with services like Dropbox where your vault would be stored on a 3rd party service like Dropbox to achieve the cross-device syncing your describing. IMO this was the more secure implementation (assuming 1password was only storing fully encrypted files on your 3rd party cloud preference) - even if someone broke in your Dropbox, they can’t decrypt your passwords without you…

This option [1Pwd vault stored in Dropbox] is still available; I've been using it for years. Highly recommended!

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

#133

Post by gruez »

ramphastidae wrote: post #123
bernierocks wrote: post #57

Earlier quoted context omitted.

If you asked me about 1password a few years ago, I would agree with you. Ever since they went to the cloud, I stopped using and recommending them to friends and family. I now use Keypss, which is free and doesn't require the cloud. The only reason they went to the cloud is because most people were buying one copy and sharing it with multiple people. It's a way for them to make more money, which is fine, but I really…

You’re probably being downvoted because of this statement, which is blatantly wrong: > The only reason they went to the cloud is because most people were buying one copy and sharing it with multiple people. It’s cloud-based because the majority of password management users want automatic cross-device updates without setting up their own server.

>It’s cloud-based because the majority of password management users want automatic cross-device updates without setting up their own server.

So? You can put the database on gdrive, icloud, dropbox, or any cloud service you want. I think most users understand the concept of creating a file, putting stuff in it, and putting it on a file syncing service (or usb drive).

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

#134

Post by luhn »

cj wrote: post #117
sagichmal wrote: post #102

Earlier quoted context omitted.

> Ever since they went to the cloud, I stopped using and recommending them to friends and family. The whole point of using a password manager is that the passwords I create and use on my {desktop, laptop, work machine, phone} are immediately and seamlessly available to me on all of the other platforms. As far as I know it is Cloud integration which enables this absolutely necessary and table-stakes functionality. Is…

1password had (maybe still has?) integrations with services like Dropbox where your vault would be stored on a 3rd party service like Dropbox to achieve the cross-device syncing your describing. IMO this was the more secure implementation (assuming 1password was only storing fully encrypted files on your 3rd party cloud preference) - even if someone broke in your Dropbox, they can’t decrypt your passwords without you…

The fundamentals are still the same, everything is encrypted with your master password before being sent to 1Password's cloud. So even if someone infiltrates 1Password's storage, all they get is encrypted files, same with Dropbox.

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

#135

Post by gruez »

AmericanChopper wrote: post #115
joshmn wrote: post #110

I'm happy for them, but I'm worried about what this means for the product and its future. They now need to hit $1BB or die trying. And most of the time that means die. Maybe they might have some life-changing enterprise thing up their sleeves. I don't know. We don't know. I'm wishing them well, I just am bracing for impact.

> They now need to hit $1BB or die trying What are you basing this off exactly? The only case where failing to hit valuation targets can kill a company, is when the company is reliant on continued funding to operate. A profitable company is free to disappoint it's investors in any way it chooses.

>A profitable company is free to disappoint it's investors in any way it chooses.

...until those investors are not satisfied with those low returns, and installs a new board/executive focused on milking their existing customers.

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

#136

Post by robenkleene »

ramphastidae wrote: post #123
bernierocks wrote: post #57

Earlier quoted context omitted.

If you asked me about 1password a few years ago, I would agree with you. Ever since they went to the cloud, I stopped using and recommending them to friends and family. I now use Keypss, which is free and doesn't require the cloud. The only reason they went to the cloud is because most people were buying one copy and sharing it with multiple people. It's a way for them to make more money, which is fine, but I really…

You’re probably being downvoted because of this statement, which is blatantly wrong: > The only reason they went to the cloud is because most people were buying one copy and sharing it with multiple people. It’s cloud-based because the majority of password management users want automatic cross-device updates without setting up their own server.

It's cloud-based so they can hold your data hostage and charge a subscription fee.

The cloud synced updating features you're talking about work fine for me already with 1Password's iCloud-backed syncing, which is how most Mac and iOS apps sync data, it's just in that model Apple has control of my data, not 1Password (and I don't pay a subscription fee), so they make it incredibly difficult to configure that way.

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

#137

Post by ToFundorNot »

gruez wrote: post #133
ramphastidae wrote: post #123

Earlier quoted context omitted.

You’re probably being downvoted because of this statement, which is blatantly wrong: > The only reason they went to the cloud is because most people were buying one copy and sharing it with multiple people. It’s cloud-based because the majority of password management users want automatic cross-device updates without setting up their own server.

>It’s cloud-based because the majority of password management users want automatic cross-device updates without setting up their own server. So? You can put the database on gdrive, icloud, dropbox, or any cloud service you want. I think most users understand the concept of creating a file, putting stuff in it, and putting it on a file syncing service (or usb drive).

Or you can build your own pc from open market components, or maybe build your own components by designing your own pcb and sourcing the chips, and write your own drivers, or... etc.

Some people don't want to roll their own. You may, or may not agree with the concept of a fully managed solution, but for any non technical user, they want it to (borrow a phrase) "just work".

It's the majority of the addressable market.

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

#138

Post by robenkleene »

chrisweekly wrote: post #132
cj wrote: post #117

Earlier quoted context omitted.

1password had (maybe still has?) integrations with services like Dropbox where your vault would be stored on a 3rd party service like Dropbox to achieve the cross-device syncing your describing. IMO this was the more secure implementation (assuming 1password was only storing fully encrypted files on your 3rd party cloud preference) - even if someone broke in your Dropbox, they can’t decrypt your passwords without you…

This option [1Pwd vault stored in Dropbox] is still available; I've been using it for years. Highly recommended!

Just adding to this accurate statement, you can also sync a vault in iCloud. So there are at least three syncing methods:

1. 1Password Cloud

2. iCloud

3. Dropbox

And at least 2 and 3 can be used simultaneously, which is what I do, with my main vault in iCloud, and temporary vaults, e.g., passwords for a particular job, in Dropbox.

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

#139

Post by mikenyc »

xenophonf wrote: post #112
robszumski wrote: post #106

Earlier quoted context omitted.

I'm not in a rush to put the holy grail of my personal info into someone's cloud service that I can't manage or securely delete. I think that KeePass + [Dropbox,Google Drive,etc] is the best solution. You can easily get these files on to your phone for passwords on the go.

This makes zero sense. You don't want to store passwords in the cloud, but you store your passwords in the cloud anyway!

The concern, which is fair, is that 1password's cloud is a target. And those targeting it have only one intention, which is to steal people's passwords and other information stored in the 1password cloud. In contrast, of course using the dropbox sync approach with 1password does put your information in the cloud as well. But, it's in your personal dropbox account. That dropbox account could absolutely be hacked, but very unlikely by someone with such clear intent to steal your 1password vault. Basically, 1password's cloud is the ultimate target, and your 1password vault in your personal dropbox account is not.

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

#140

Post by callumprentice »

ble52 wrote: post #131
callumprentice wrote: post #90

I've been a customer for 10 years (coincidentally, I checked email and I downloaded it from the iOS app store 10 years today) and very happy. The two things I'd love for them to fix are: 1/ Make the Windows version feel more like the macOS one. I switch between the two OS's all the time and it always feels jarring to open the Windows one after using the other. 2/ Add an option to cache everything locally. My phone ha…

Personally I like that macOS and Windows apps are different. Those are two different platforms, with their own design paradigms, human interface guidelines, etc. They should have different versions, tailored specifically for the OS they're running on. I don't like apps, usually Electron- or something like that-based, that are exactly the same on all platforms, because they feel out of place on all of them, IMHO.

Yep understood and I agree with most of that. It's been a gripe of mine for a while but I went back now and compared the two and the Windows one, IMHO, is much improved.

Certainly thankful in any case that there is a Windows version and I don't have to manually transcribe from my phone.

Post reply on HN