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1Password Has Raised $620M

blog.1password.com

641–650 of 723 posts

Re: 1Password Has Raised $620M

#641

Why does a password manager need that kind of money ? They have their server software, apps/clients and infrastructure in place. They also have customers and presumably earn enough to maintain and grow. What is it that they plan to add that needs 620 mil ?

B2B apps & services.

Re: 1Password Has Raised $620M

#642

Earlier quoted context omitted.

I think it's a little weird. I have used 1password at two jobs, and thought it was great, so I bought it for myself. They want money to sync my passwords between my Windows desktop and my iPhone. Seems reasonable to me. I program computers for a living and people pay me. I guess there was a free self-hosted type thing at one point in the past? That was before I ever heard of the product, so I'm not that upset that it…

> They want money to sync my passwords between my Windows desktop and my iPhone. Seems reasonable to me. Money for service is fine, but this is a long term thing, and I'm not going to pay $180 per 5 years to keep 100KB in sync. And the software doesn't justify that price either.

I like how you had to word it in terms of 5 years just to make it sound substantial...

It's 3 dollars a month.

You could be conservative with tissue paper and make up the difference to your monthly budget... so how much cheaper can you get that cheaper than tissue paper and still expect the service to be around forever.

Re: 1Password Has Raised $620M

#643

Eh. I used to use 1Password long ago, when it was still a "normal" app (one-time payment, not trying to become a unicorn). It was easy for me to switch password managers (my needs are modest, and I generally like to break my app habits once in a while). My journey included (1) self-written manager; (2) LastPass; (3) pass CLI, and (4) Bitwarden (free tier). I'm now a happy Bitwarden user. It's ugly, and I'm a UX desig…

1Password is vastly superior to Bitwarden from a UX perspective, and considering that's literally the only reason I have a password manager, that is, by far, the most important thing. If you think "security" is the reason you have a password manager, how come all of your accounts are tied to your email address? If you just wanted security, there are, by far, more secure tools and practices you could employ than Bitwa…

I implemented 1Password at my company for the enterprise features, but I use Bitwarden personally. I prefer the Bitwarden UI/UX significantly.

Re: 1Password Has Raised $620M

#644
post #559

Earlier quoted context omitted.

Definitively: v7 works with stand-alone / non agilebits-synced databases; v8 will not. (I think v8 is out for Windows but not yet Mac.) I am a long-time 1Password user who recently made the leap to their hosted service. 1Password remains best-in-class for me and has a terrific security record, especially compared to their peers. While I too lament the everything-is-a-subscription-now trend, I remain a strong supporte…

I would bet their Privacy.com integration is also v8/cloud only: https://blog.1password.com/privacy-virtual-cards/

It's not v8 at least, I use it on 7 just fine (though I do use the cloud offering). I don't see why it would be tied to that though considering it's just an API integration that saves the card into your 1password for the site you're on and then fills in the credentials. That _should_ theoretically work with a local vault as well on v7.

Re: 1Password Has Raised $620M

#645

Earlier quoted context omitted.

I think it's a little weird. I have used 1password at two jobs, and thought it was great, so I bought it for myself. They want money to sync my passwords between my Windows desktop and my iPhone. Seems reasonable to me. I program computers for a living and people pay me. I guess there was a free self-hosted type thing at one point in the past? That was before I ever heard of the product, so I'm not that upset that it…

I used to use 1Password when they just sold the application at a fixed price and I handle all the synchronization between machines. That option is no longer available. I'm one of the users who left because of this.

Hmmm , I have a Mac and an iPhone and the fixed price application from circa 2015-16. They are still in sync via iCloud. I can see "Sync with Dropbox" and "Sync with WLAN server" in the settings. Did you mean any custom sync options that may have existed?

Re: 1Password Has Raised $620M

#647
post #630
post #628

Earlier quoted context omitted.

> 1Password is quietly positioning itself to become the ground truth storage solution for corporate secret management I think it is the exact opposite. They saw what Dashlane did with a few million bucks and some radio/TV ads and want to throw the same sort of gasoline on the fire. I expect they will have their own VPN, browser, credit monitoring, etc. tie in before they have real enterprise features. They don't have…

your opinion that it's more clunky than lastpass is really interesting to me. It runs completely counter to 99.9% of comments I've seen on HN. Personally, I have no experience with lastpass. Just wanted to point out this anomaly.

Lastpass incidents are so (in)famous, it’s on Wikipedia:

https://en.m.wikipedia.org/wiki/LastPass

2011 2015 2016 2017 2019 2021

Those are just the famous ones. After 2014, their plugins and UX were so bad, I switched my team(s) to 1Password and never looked back.

Re: 1Password Has Raised $620M

#648

Earlier quoted context omitted.

I'm actually surprised by all the reactionary comments here with almost no research. 1Password already has integrations with Fastmail and Privacy and have launched a Secrets Automation[0] offering. I'm assuming this money does go partially into the password manager (which they say has always been profitable) but I think the money would actually go into ancillary services for competitors to Vault or Okta for authentic…

Two major reasons for the backlash: 1: 1Password already backhanded users once for business reasons. They used to be a nice, local password manager that synced with dropbox or your choice of filesystem. Then they added cloud support and used dark patterns to force adoption of a subscription based cloud service while making the local version harder and harder to use. At some point I gave up, I’m not even sure it’s pos…

> This is now the path of the majority of American corporations

Nitpicking but 1P is a Canadian company :) . I guess the pattern is almost universal?

Re: 1Password Has Raised $620M

#649

Earlier quoted context omitted.

1Password is vastly superior to Bitwarden from a UX perspective, and considering that's literally the only reason I have a password manager, that is, by far, the most important thing. If you think "security" is the reason you have a password manager, how come all of your accounts are tied to your email address? If you just wanted security, there are, by far, more secure tools and practices you could employ than Bitwa…

I implemented 1Password at my company for the enterprise features, but I use Bitwarden personally. I prefer the Bitwarden UI/UX significantly.

It's funny how subjective this stuff is. After using BitWarden for a while I switched to 1Password and greatly prefer the 1Password UI. BitWarden has too much in common with Lastpass, and I hate Lastpass' UI.

Re: 1Password Has Raised $620M

#650

Earlier quoted context omitted.

> They want money to sync my passwords between my Windows desktop and my iPhone. Seems reasonable to me. Money for service is fine, but this is a long term thing, and I'm not going to pay $180 per 5 years to keep 100KB in sync. And the software doesn't justify that price either.

I like how you had to word it in terms of 5 years just to make it sound substantial... It's 3 dollars a month. You could be conservative with tissue paper and make up the difference to your monthly budget... so how much cheaper can you get that cheaper than tissue paper and still expect the service to be around forever .

> I like how you had to word it in terms of 5 years just to make it sound substantial...

Because I'm going to be using it for that long.

> It's 3 dollars a month.

For this single app. It's easy to justify $3 at a time, but suddenly you're paying a whole cable bill for marginal value.

Decisions like this shouldn't be taken in complete isolation and rounded to zero.

> and still expect the service to be around forever

I don't want the service, just sell me the program.

I could store my data in dropbox or microsoft or any email service or facebook.

I could store it in S3 for 1 penny a month. I could pay 2/3 as much to get 100GB of space from google.

The amount of money it takes to provide this service is completely disconnected from the cost, and the value I get is not from the service.

The program is valuable, but I could buy a nice alternative program, avoid the pure-profit service, and buy myself something nice down the line. Maybe a higher tier GPU the next time I upgrade my computer. And I can only conserve so much tissue paper.

One $3-per-month service could hold my data for thousands of apps. It's reasonable to ask me to have one such service. But I'm not paying once per app.

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