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1Password Has Raised $620M

blog.1password.com

21–30 of 723 posts

Re: 1Password Has Raised $620M

#21
post #5

`But we don’t just want to keep up; our goal is to push the envelope and explore beyond the boundaries of traditional password management.` Hmmm, sounds like the time to migrate may be sooner than I'd hoped.

You can never trust cloud-hosted password managers..

> You can never trust cloud-hosted password managers..

If you examine the source code of a client (for example bitwarden) and make sure that it's not leaking your master password and then compile the soft yourself and not update - you'll be pretty safe.

This will make it similarly secure as e.g. keepass, because even for keepass you should be sure the source is legit

Re: 1Password Has Raised $620M

#24
post #5

`But we don’t just want to keep up; our goal is to push the envelope and explore beyond the boundaries of traditional password management.` Hmmm, sounds like the time to migrate may be sooner than I'd hoped.

I believe this is regarding their new infrastructure secrets product, so hashicorp vault but more corporate maybe.

Re: 1Password Has Raised $620M

#27
post #5

`But we don’t just want to keep up; our goal is to push the envelope and explore beyond the boundaries of traditional password management.` Hmmm, sounds like the time to migrate may be sooner than I'd hoped.

I really hope this means new product offerings with no impact on existing products, rather than "fucking with the product b/c it doesn't make us enough money".. which I'll dub corporate Marak syndrome..

Re: 1Password Has Raised $620M

#28
I've been using 1password for years and so far haven't had any problem, all apps (desktop and mobile) work great, but I don't understand why they would need this kind of money, especially considering it's not free or cheap service.

Re: 1Password Has Raised $620M

#30

Just makes it more clear: this is no longer a product for "us".

Ok, care to explain your viewpoint further?

Raising hundreds of millions of dollars for a built, profitable product with a tight scope and millions of users usually means the product scope will increase as part of their new remit to drive shareholder return. If people liked the existing tightly scoped product, and for password management simpler is better for many users, this investment indicates the product will necessarily move away from the existing use cases as a condition of accepting the funds.
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