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Bitwarden raises $100M

bitwarden.com

461–470 of 522 posts

Re: Bitwarden raises $100M

#461
post #256
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…

> What the VCs have to understand is that if their greed makes them push Bitwarden to engage in silly tactics, they risk driving away their customer base. They don't care as long as they can extract their profit before that happens. This is VC, they will prioritize medium term gains over long term stability.

On HN, VCs are either ruthless short-term profit extracting machines or overly optimistic clowns investing in hopelessly unprofitable companies on the promise of future growth, depending entirely on the point currently being made.

Re: Bitwarden raises $100M

#462

Earlier quoted context omitted.

That just makes it worse. I'm a paying customer right now. VC + focus on business means the consumer stuff dies or gets neglected to the point that it should die. All resources get moved to the high-growth parts of the business once VC enters a company. Bitwarden will not be the first to get VC to change its operating principles.

Here we go again: Some company (in this case, Bitwarden) "betrayed" its customers by doing what every other firm does. And Hn goes brrr over it. Then another alternative (KeePass) appears on HN's frontpage. It's like companies are right: You can't target the niche market of programmers because their expectations are through the roof. I wonder, aren't the majority of HNers working at a for-profit company funded by VCs…

I usually just ignore comments like this, but I'm honestly curious. What part of my comment are you replying to?

Re: Bitwarden raises $100M

#463

Earlier quoted context omitted.

How did I have to scroll this far down to find someone who's actually read the post? Everybody seems to think the money is purely for expanding the password manager, while in the post they call out adjacent markets they want to expand to. I'm cautiously optimistic that this could mean we won't see the end of Bitwarden, as those are areas where companies will pay big money.

The road to terrible software is paved with companies trying to expand to “adjacent markets”.

Not limited to software even, plenty of examples of companies chasing larger valuations by taking on stuff outside their core competency

Re: Bitwarden raises $100M

#464
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…

Dang changing a password manager seems like a nightmare. I use pen and paper which, given the trade offs, makes the most sense for me

I thought it would be bad, but it didn't take long when I switched to BW from LP. Half an hour maybe?

And that includes setting up Duo for push notification 2FA.

Re: Bitwarden raises $100M

#465
post #464

Earlier quoted context omitted.

Dang changing a password manager seems like a nightmare. I use pen and paper which, given the trade offs, makes the most sense for me

I thought it would be bad, but it didn't take long when I switched to BW from LP. Half an hour maybe? And that includes setting up Duo for push notification 2FA.

Oh that’s good to hear, glad it was straightforward

Re: Bitwarden raises $100M

#466

Earlier quoted context omitted.

Out of curiosity, why so many rotations away (and back to) BW? Most people I know stick with a single password manager almost permanently, or at least unless their manager has some kind of earth-shattering vuln announced that just shakes their trust enough to move.

I moved to RememBear, they recently went EoL. Others were trying KeePass and Password safe as local options. Basically chasing the new shiny.

Gotcha. And small world, until recently I worked at the company behind Remembear. Shame it had to be sunset.

Re: Bitwarden raises $100M

#467

I really like bitwarden, but I do wish their internal API was more clear/open so 3rd party clients were easier to write. There have been a few times where I've been on an obscure OS on a device too slow to run a modern web browser, but wanted to use Bitwarden.

As another perspective, by documenting that API, they're promising to retain backward compat and the documentation burden that comes with it. As long as it remains an internal API, they can fiddle with it as fast as they can get their old codebase off of it

Since their codebase is in the open, and there's already at least one other Open Source implementation, that's likely about as "clear/open" as its going to get unless this newfound $100M spawns an API team or something

Re: Bitwarden raises $100M

#468

Earlier quoted context omitted.

Ahh. Didn't tackle that - integration and user interface primarily.

Oh, ok I misread the original post. Yeah I have had trouble with the browser extensions for 1Password for the last few years, will probably switch to self hosting bitwarden soon.

heh, if you think the 1P browser extensions are rough, you're going to really get a kick out of the tire-fire that the BW ones are

Re: Bitwarden raises $100M

#469

Earlier quoted context omitted.

Here we go again: Some company (in this case, Bitwarden) "betrayed" its customers by doing what every other firm does. And Hn goes brrr over it. Then another alternative (KeePass) appears on HN's frontpage. It's like companies are right: You can't target the niche market of programmers because their expectations are through the roof. I wonder, aren't the majority of HNers working at a for-profit company funded by VCs…

I usually just ignore comments like this, but I'm honestly curious. What part of my comment are you replying to?

> VC + focus on business means the consumer stuff dies or gets neglected to the point that it should die. All resources get moved to the high-growth parts of the business once VC enters a company.

At the end of the day, engineers/programmers are the ones who implement these changes. I find it unacceptable that lots of HNers get so high minded about these issues but then go on to contribute to the problem by working at for-profit companies. Nothing wrong with either one, just choose one.

Re: Bitwarden raises $100M

#470
post #256

Earlier quoted context omitted.

> What the VCs have to understand is that if their greed makes them push Bitwarden to engage in silly tactics, they risk driving away their customer base. They don't care as long as they can extract their profit before that happens. This is VC, they will prioritize medium term gains over long term stability.

On HN, VCs are either ruthless short-term profit extracting machines or overly optimistic clowns investing in hopelessly unprofitable companies on the promise of future growth, depending entirely on the point currently being made.

tbf both may very well be true at the same time. There's certainly a larger number of both AI powered juice makers as well as "freeze your head" longevity startups than anywhere else
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