Bitwarden raises $100M

I would never have someone else manage my passwords for me.

You have to trust the server. It could serve the user with malicious JS code or an app update at any time.

You can self host it though.

Well that’s annoying. I guess the clock is ticking on Bitwarden becoming user hostile. I can’t see how they’ll be able to produce a return on that investment at their current price points.

Having said that, I do think there is an opportunity for Bitwarden to expand into application secret management, and that could be a lucrative market with big enterprise customers if they get it right.

The announcement seems to be a generic “nothing will change” announcement though, which doesn’t inspire confidence as:

- These are almost always reneged on later

- Clearly something has changed (or why bother getting investment), they’re just not telling us what “we can deliver on our roadmap more quickly” could not possibly be more vague.

In many ways it's a shame when a useful tool turns into a high growth startup. They're going to hire a bunch of developers who will need to justify their existence by adding features, they'll probably eventually either fail or get purchased and shut down. And then all the overly complex applications will start to rot.

What's wrong with saying "this is a useful tool" and leaving it at that?

Bitwarden already does one thing well. It's everything I'm looking for - open source, costs money but not much ($10/yr), 2FA, clean interface. I'm happy for the new investment, but I hope they don't start adding new things just for the sake of growing.

Also - to the people who analyze funding rounds - $100M sounds like a huge amount to me. Why would a password manager need so much money?