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Bitwarden raises $100M

bitwarden.com

481–490 of 522 posts

Re: Bitwarden raises $100M

#481

> The Bitwarden business model will not change Bitwarden remains committed to A fully featured free version, forever An open source architecture The ability to self-host Advanced business features This is great!

> This is great!

Why? What is a promise like that supposed to be worth? Even if the people making it are completely honest when saying this (which I now doubt), once leadership changes this will go out the window quick.

This is in line with "Keeping our users happy is our main priority" and other quotes from the infinite pool of empty PR speak.

Re: Bitwarden raises $100M

#482

Oh dear, this isnt good news at all. Now they're going to be under pressure to produce excessive returns to fatten the company up for an IPO or sale. Having seen what happened to Lastpass when it was passed around from pillar to post this saddens me deeply. Lets see what anti consumer measures they start introducing to force us to pay more. Limitations on the free tier look likely and price rises as well.

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. I wonder, aren't the majority of HNers working at a for-profit company funded by VCs? The hypocrisy is just intolerable at this point.

I guess I might be now that the directors of our little company have sold it, but I assure you I am substantially more mad about that sale than I am about the Bitwarden one.

Re: Bitwarden raises $100M

#484
post #216

Earlier quoted context omitted.

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".

Public knowledge is not the same as common knowledge, I agree.

Re: Bitwarden raises $100M

#485

Earlier quoted context omitted.

Now they are also raising rounds of funding “chasing after the enterprise”. Every single time a small bootstrapped company tries to “accelerate growth by going after the enterprise” the product gets worse for consumers. See also DropBox. 1Password’s desktop app is much worse than it use to be all while each platforms built in capabilities are getting better.

from the founder of 1Password: would love to learn where you think it is worse. 1Password 8 has a ton of new features and it is faster than the previous version. Some of the new features like Universal Autofill and SSH Agent do not exist in any other product. It also fixes many problems that accumulated in the app over the years. More on features here: https://1password.com/products/features/ a more visual descriptio…

Not the person you commented to, but I think the only real loss was 1Password Mini. There is the alternate ‘search bar’ mini app which is a decent replacement, I wish that was the one that pops up by default (like used to be with Mini).

You guys make a great product otherwise. It’s the only one where I strongly recommend it over the open source alternative (Bitwarden) even though I have a strong open source bias. There’s just a 1000 things in UI and UX that you guys do slightly better than the competition, sort of an inverse death by a thousand cuts.

Re: Bitwarden raises $100M

#486

Earlier quoted context omitted.

2001-2007, I had multiple bad experiences with Compaq, Lexmark and HP. These were so bad in terms of cost and frustration I vowed I would never buy their products or services again. It's been... 15+ years. The tech world of today is not quite the tech world of 2003. Should I ever bother with a Compaq or HP again? I probably won't, but the 'avoid at all costs' just isn't there with me any more. Perhaps I've mellowed s…

I am still firmly in never-again-Hewlett-Packard camp after almost 20 years. The final straw for me was purchasing an HP laser printer (probably the 6th or 7th one I ever bought) and it shockingly had the same extreme-low-quality level that I had experienced with HP laptops, CD ROM drives and other peripherals. It is probably not fair but I blame Carly Fiorina for this degradation of once reliable hardware manufactur…

My problem isn’t with quality. Their firmware makes you buy new laser jet cartridges like it was an inkjet. Stay Far away

Re: Bitwarden raises $100M

#487
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 don't give second chances to services that are trust based. You might run out of services then at some point. Human beings are fallible, full stop. Also, a company isn't an individual -- management teams change, corporate priorities change, security practices improve. Judging a whole company by what a few employees did or didn't do a decade ago isn't always going to yield an optimal approach. Refusing to give any…

I might, but I haven't so far. And if I do run out of password manager apps, then it is probably time to make my own.

Re: Bitwarden raises $100M

#488

Earlier quoted context omitted.

Have you undergone a security audit like Bitwarden? Why would I trust you instead? I'm (casually) looking to move off LastPass. Padloc looks pretty good, but I'm hesitant to go with an 'unproven' solution.

Yes. We've been around for quite a while actually, and have completed three independent audits. One just recently by Radically Open Security [0]. [0] https://padloc.app/blog/security-audit-ros/

Thanks, I’ll take a look.

Re: Bitwarden raises $100M

#490

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.

It's because we're all still in the middle of getting burned by 1Password spending millions to make our app run worse and do less.

Wait, I'm just about to switch my entire family from LastPass to 1Password because of the latest LastPass hack. Should I be wary?
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