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Bitwarden raises $100M

bitwarden.com

231–240 of 522 posts

Re: Bitwarden raises $100M

#231

Any Apple-devices users here? Why would I use this instead of Apple built-in password manager?

> Why would I use this instead of Apple built-in password manager?

Because BitWarden works on more devices than what Apple supports.

Re: Bitwarden raises $100M

#232

Glad for them and I really hope them to succeed in the long run, engrosing the list of successful bussiness based on OS. As a side note, I've been tempted so many times at this point on getting a payed subscription and getting rid of my "keepass+keepassdb sync via Google drive+keepass keyfile local copy on each device" for the sake of making things simpler. I've read how the internals work, checked the auditories, re…

[deleted]

Re: Bitwarden raises $100M

#233

Any Apple-devices users here? Why would I use this instead of Apple built-in password manager?

Its nice to have something thats OS independant. Maybe you have no plans on leaving apple now, but surely you wouldn't want to rule it out ever happening in the future. Using an external password manager just means one less pain point for migrating. Its the same with any OS, or any technology for that matter.

Re: Bitwarden raises $100M

#234
post #216

Earlier quoted context omitted.

What specifically did they do to trick you into paying?

If it were an individual experience, I would agree with you, but it is public knowledge. There were press releases and emails and stuff. I also switched away from last pass then.

It's very easy to overestimate what "everyone knows".

Re: Bitwarden raises $100M

#235
post #155

If you're a Bitwarden user and this doesn't worry you, you haven't been paying attention to the history of almost every company that has accepted VC funds. It doesn't matter how well intentioned the founders are - once you accept that kind of money, it's not your product anymore. You are now in the business of making money, nothing else, and those skewed incentives will start bleeding into their product and business…

That’s a hell of a disclaimer after a decently alarmist comment. You may be correct, but I’m not sure it’s appropriate for you to raise that point given the conflict of interest.

I fear for this world if one cannot responsibly process the data they're given after all the cards are put on the table.

Re: Bitwarden raises $100M

#236
Been strongly considering switching from Dashlane (no idea why I chose it originally, but here we are) to Bitwarden for a while now. Despite some of the comments I don't think this changes anything, though I might just wait a little longer.

Re: Bitwarden raises $100M

#237
post #86

Earlier quoted context omitted.

*10 billion back.

How is that realistic? If they expect to get 10 billion in 10 years, they need to have 100 million paying users (if they charge $10 per user per year), which is like the entire active users count of StackOverflow - https://en.wikipedia.org/wiki/List_of_social_platforms_with_...

Or they launch entirely new products, in the same general space, with new pricing structures that aren't tied to their current offerings. They're Okta + 1Password + ...

To clarify: I'm not sure I buy the above thesis, but VCs don't expect 2x returns at this stage was my general point. They're aiming for higher.

Re: Bitwarden raises $100M

#238

That is a LOT of money. $100M. That's enough money for ~50 people to live on $100k/year for the rest of their lives. You could pick 50 thinkers, scientists, artists and say "hey you never have to work again, just do your thing". But instead you invest it in a startup that will almost certainly burn it up in a couple of years of 7 figure salaries for execs and fail. What a waste.

It's not giving away money. There is clear goal of getting more money back than they gave.

Re: Bitwarden raises $100M

#239
post #152

I switched to Bitwarden when LastPass started using silly tactics to make customers pay. I didn't switch because of the price - the service pricing of Bitwarden was a pleasant surprise. I switched because I lost all trust in LastPass. Managing credentials and sensitive information is all about trust. The second I lose trust in that kind of service, I don't just stop using it, I will most likely never even consider co…

I mean, it's not as if these companies care for customers like you anyway. What they want is someone who is willing to purchase their product w/o making a fuss about the negative parts of their business. In fact, I bet LastPass is happy you left.
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