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

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

#262
I've been using a password manager for almost 10 years now and on the enterprise side there's really none that competes with 1pass. They had some security issues like with their Jira being misconfigured and open to the public, but their marketing and imago is built around them taking security very seriously (for obvious reasons).

personally though, I don't use their offering outside of my work context. Currently, I think bitwarden is maybe the best platform for consumers as its open source, audited by proper security companies and generally very open. I roll with my self-hosted version and I've been nothing but amazed on how good it is to use, even on mobile. Lastpass had way more usability issues (like being totally broken at first on Firefox when they came out with webextensions) and bitwarden's mobile app is at least as good as the one's you'd normally have to pay for. Strong recommendation for bitwarden.

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

#263

Earlier quoted context omitted.

I may have misspoken and been referring to secure attachments - I'll check. (This is on my iPhone). I'm sure I've been in situations where I am trying to download a travel permit for example at a check in desk overseas and there is no signal. I'll see if passwords are the same - maybe those are indeed kept locally.

Perhaps you are correct, I think the situation might be this: 1. Add a new 1Password item on device 1 2. Do _not_ open the 1Password app on device 2 3. At some point/the next day or whatever, device 2 goes offline 4. Now, while offline, you do not have access to the new item on device 2 because data wasn't synced because the 1Password app hasn't been opened after #1. The problem seems, 1Password doesn't sync the data…

Interesting and sounds very plausible. Typically, for example, I'll add a travel doc for a trip on my desktop and then try to open it in a different location (often country) on my phone for the first time.

Maybe worth me submitting a feature request that facilitates making checked items available offline (like I think Dropbox/Google Docs iOS apps support).

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

#264
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…

Well, as anecdotal data, LastPass got acquired by LogMeIn a few years ago, and since that time, it has introduced practically no new features, yet the yearly membership price has risen from $12/yr to $36/yr.

That's what happens when the scrappy young company with a valuable product gets acquired. Research and Development stops, Rent-Seeking skyrockets. Every time.

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

#265
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? Why do you see this as a good thing - what good will come of it for you? You’re describing a tool which already does what you want; With this investment, 1Password need to squeeze half a billion extra dollars out of you just to give to investors. What is it that their tool doesn’t do for you, which needs that kind of trade for them to be able to build it?

Because I want them to continue to exist. They provide a service, not just a software product. This makes me even more confident they will be able to continue providing that service for many years.

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

#266
post #121

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…

I have been following this company for like 10 years now, if not more. 1Password is anything but a typical software company. When they were small, I forget the year, they emailed us (each) six licenses of 1Password as a thanksgiving gift. A small gesture, but clearly the courage to leave that much money on the table for a small startup is laudable. On the other hand, each of my friends who got it "free" wouldn't have…

I got the opportunity to try it for free from my friend who got it via work, but it wasn't really as good as lastpass...

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

#267
post #232

Earlier quoted context omitted.

They might have great software - I don't know. But personally I absolutely refuse to use a paid option for a service of this type. There's just too much risk. What happens if my credit card expires and I forget to update/pay? Or I get hospitalized suddenly and there's a similar payment issue? Is my account just closed and everything deleted? Then there's the risk of me putting everything in there and them jacking up…

There's a standalone app (if you're not on Linux) and you can sync via dropbox / wifi / rsync / whatever you like.

I basically do that - my core database is encrypted on Dropbox and I use a desktop app and web apps for mobile via KeeWeb which is free. KeeWeb on desktop also backs up locally in the event anything ever happens to my dropbox access, but Dropbox is the central sync point. The web app connects to Dropbox and since it's a web app there isn't even a need for the installation of an Android/iOS app. I just keep the webpage up at all times. The app is cached by design and doesn't send external connections.

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

#268

Earlier quoted context omitted.

This is a really easy question to answer. I duck-duck-went "1password what happens if I stop paying" and the first link was https://support.1password.com/membership-billing-policy/ From the link: > Your data is yours. Even if you cancel your subscription and your account is frozen, you can still sign in to 1Password.com or in the apps to view and export your data.

I can confirm. I used it, then stopped paying. All by data is read-only accessible, even just with browser. In the end was more happy with KeePass as 1Password was too user-friendly for me and I wanted something more stupid for passwords.

If you are already liking KeePass I highly recommending KeeWeb, which is what I'm using. It reads a KeePass database and the desktop app web app are great in my opinion. And everything is free. Web app also caches in the browser and syncs to Dropbox so everything can sync between mobile and desktop.

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

#269
post #237

Earlier quoted context omitted.

If the goal is to avoid having to remember strong passwords, then a strong password generator + a paper journal is resistant to more threat models and should be preferred. Password managers without transparent sync and autofill UX are a half-product at best.

Typing a long, complex password on a mobile device is tedious. Much easier to use 1Password.

The pain of doing that is nonzero, but much less than the pain of keeping the passwords synced manually, or through an intermediary like Dropbox (permissions, having Dropbox installed and running on my phone, etc.)

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

#270
post #121

Earlier quoted context omitted.

I have been following this company for like 10 years now, if not more. 1Password is anything but a typical software company. When they were small, I forget the year, they emailed us (each) six licenses of 1Password as a thanksgiving gift. A small gesture, but clearly the courage to leave that much money on the table for a small startup is laudable. On the other hand, each of my friends who got it "free" wouldn't have…

I got the opportunity to try it for free from my friend who got it via work, but it wasn't really as good as lastpass...

It's really not constructive saying something like that without substantiating it.

Why was it not as good as lastpass?

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