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LogMeIn Acquired by Private Equity

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Re: LogMeIn Acquired by Private Equity

#101

Post by Accacin »

rietta wrote: post #8
tcd wrote: post #5

Keepass; open source, can store the file wherever you wish, isn't liable to be acquired by a private entity since you can just build your own copy. Use open source software wherever possible, it's just better that way.

Does it work to sync between Linux dev machine and iOS phone?

I switched from LastPass to Pass to KeepassXC about a year ago and it's the only one that hasn't given me problems cross-platform and it's also open source.

I use MacOS, Windows, Linux and iOS and it works perfectly between them.

On Window, Linux and MacOS I use KeepassXC with their browser extension on Firefox. On iOS I use Strongbox. I sync my password file using Nextcloud (self-hosted).

Syncing is pretty easy if you're using Nextcloud or Dropbox :) Tried Syncthing but I didn't like the idea of having to have a PC on all the time to make sure it synced.

Re: LogMeIn Acquired by Private Equity

#102

Post by Lavery »

toomuchtodo wrote: post #86
jacquesm wrote: post #41

Earlier quoted context omitted.

A 4.3 billion USD valuation at exit is not all bad news I'd say. Better a deal at 4.3 billion than none at 5.5. I'd be laughing all the way to the bank with an exit like that and not worry too much about what could have been.

Wisdom. Valuations and multipliers are opinions and suggestions until the wire/fiat hits your account. Take the money and run.

Maybe that's reasonable in private markets, but Logmein was a public company (LOGM). Valuations and multipliers for public equities are the consensus of a set of investors who buy and sell the stock all day. Anyone who wanted to take the money and run could choose to do so between the hours of 9:30 and 4 EST for the last decade.

Re: LogMeIn Acquired by Private Equity

#103

Post by olinad »

AGKyle wrote: post #78
_def wrote: post #69

Earlier quoted context omitted.

Unfortunately 1password is the only one that doesn't give me headaches while using it cross-platform. I wish I could use an open alternative with an equal UX.

Heads up: I work for 1Password Any reason why you'd say unfortunately there? I see it as a pretty big perk rather than an unfortunately. But I would also like to understand a bit more so I can pass along any necessary feedback to our team. Thanks! Kyle 1Password Security Team

Not the original poster, but I could think of two possible reasons: 1) As a user, you are providing a lot of trust into a private company to hold some of your most sensitive information. 2) Often, "open alternative" is misinterpreted as free. At the very least, one would need a self-hosted server to gain the same UX 1password provides, which comes with additional overhead (cost and maintenance) for the user.

Re: LogMeIn Acquired by Private Equity

#104

Post by AGKyle »

_jal wrote: post #94
AGKyle wrote: post #78

Earlier quoted context omitted.

Heads up: I work for 1Password Any reason why you'd say unfortunately there? I see it as a pretty big perk rather than an unfortunately. But I would also like to understand a bit more so I can pass along any necessary feedback to our team. Thanks! Kyle 1Password Security Team

Not the OP, but I dropped 1Password when it became clear you're forcing folks to cloud storage. I was sort of hoping the carefully chosen weasel-words about that used at the time meant you'd reconsider if enough of us made noise, but later releases made it clear where you're headed. It bummed me out - I really like 1pw. And I still don't have my password situation back to the same level of ease-of-use yet, but I swit…

Thanks for the feedback.

I won't pretend that we're the password manager for everyone. If we're not the right one for you then hopefully one of the dozens of others out there fit the bill.

I appreciate you taking the time to respond and let me know your opinion on this though. Thanks!

Kyle

1Password Security Team

Re: LogMeIn Acquired by Private Equity

#105

Post by enraged_camel »

_jal wrote: post #94
AGKyle wrote: post #78

Earlier quoted context omitted.

Heads up: I work for 1Password Any reason why you'd say unfortunately there? I see it as a pretty big perk rather than an unfortunately. But I would also like to understand a bit more so I can pass along any necessary feedback to our team. Thanks! Kyle 1Password Security Team

Not the OP, but I dropped 1Password when it became clear you're forcing folks to cloud storage. I was sort of hoping the carefully chosen weasel-words about that used at the time meant you'd reconsider if enough of us made noise, but later releases made it clear where you're headed. It bummed me out - I really like 1pw. And I still don't have my password situation back to the same level of ease-of-use yet, but I swit…

>> Storing my password DB on other people's computers is simply not going to happen.

What is the risk scenario you're worried about?

Re: LogMeIn Acquired by Private Equity

#106

Post by [deleted] »

Lavery wrote: post #102
toomuchtodo wrote: post #86

Earlier quoted context omitted.

Wisdom. Valuations and multipliers are opinions and suggestions until the wire/fiat hits your account. Take the money and run.

Maybe that's reasonable in private markets, but Logmein was a public company (LOGM). Valuations and multipliers for public equities are the consensus of a set of investors who buy and sell the stock all day. Anyone who wanted to take the money and run could choose to do so between the hours of 9:30 and 4 EST for the last decade.

[deleted]

Re: LogMeIn Acquired by Private Equity

#107

Post by lukeschlather »

ceejayoz wrote: post #64
jmuguy wrote: post #54

My old company used Logmein professionally to remotely manage 100s of computers for many years before switching to ConnectWise. They had a great product for a long time but some of the worse licensing decisions I've ever seen. It went from being completely free to several thousand dollars overnight without any additional features, support, etc being offered. And meanwhile development was stagnant with only weird chan…

Great product, hundreds of computers for professional purposes, and "several thousand dollars" is a sticking point? Why?

Windows itself costs $200 or so. LogMeIn isn't worth 5 times as much as the operating system. At that price, it very quickly becomes cheaper to investigate alternatives like just using a Linux machine where remote management is a breeze, and there are tons of high-quality, free tools (with optional paid support contracts that are very inexpensive by comparison.)

Re: LogMeIn Acquired by Private Equity

#108

Post by jacquesm »

Lavery wrote: post #102
toomuchtodo wrote: post #86

Earlier quoted context omitted.

Wisdom. Valuations and multipliers are opinions and suggestions until the wire/fiat hits your account. Take the money and run.

Maybe that's reasonable in private markets, but Logmein was a public company (LOGM). Valuations and multipliers for public equities are the consensus of a set of investors who buy and sell the stock all day. Anyone who wanted to take the money and run could choose to do so between the hours of 9:30 and 4 EST for the last decade.

That depends on the size of their holdings and on how liquid the stock really was, it might take quite a while to liquidate a large holding and it would very likely depress the market, especially if all the execs decided to liquidate their complete holdings (assuming they would be even allowed to).

So the consensus is what it is given normal volume, likely a relatively small chunk of shares changing hands repeatedly rather than a really large block being sold once. The latter would almost certainly depress the price.

Re: LogMeIn Acquired by Private Equity

#109

Post by [deleted] »

[deleted] wrote: post #106
Lavery wrote: post #102

Earlier quoted context omitted.

Maybe that's reasonable in private markets, but Logmein was a public company (LOGM). Valuations and multipliers for public equities are the consensus of a set of investors who buy and sell the stock all day. Anyone who wanted to take the money and run could choose to do so between the hours of 9:30 and 4 EST for the last decade.

[deleted]

[deleted]

Re: LogMeIn Acquired by Private Equity

#110

Post by jamescostian »

Nullabillity wrote: post #95
AGKyle wrote: post #93

Earlier quoted context omitted.

Re: 1. Got it. Re: 2. It's not just subscription. Download the app (Mac or Windows) and in the options choose to create a new local vault. You'll be presented with a dialog to buy a license if you don't already have one. I get the complaints about subscriptions, but there are certainly pieces of software I am willing to pay a subscription for. One that is actively improved, secured, and is used throughout my day is o…

> but there are certainly pieces of software I am willing to pay a subscription for. There shouldn't be. > One that is actively improved, secured, and is used throughout my day is one of them. Not when those problems are completely self-inflicted by injecting Cloud Bullshit into stuff that doesn't need it.

If there weren't pieces of software that people were willing to pay a subscription for, then software quality would be horrible. The reason why 1Password is so good is that the developers are paid to work on it, and some business needs (such as having really good quality stuff so you can get recommended to more potential customers, and so that your existing customers don't leave) push you towards higher quality software. When working on OSS for free, the need to survive pushes you to work at a job, and your OSS work is done in your spare time, often to get things you want done, but not to make an amazingly polished and very user-friendly work.

Subscriptions allow developers to keep improving their software. If you just pay for software once and keep using an older version, developers miss out on money that could keep them working and improving things. OSS is great, but money is important for developers to deliver quality and updates.

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