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1Password Has Raised $620M

blog.1password.com

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Re: 1Password Has Raised $620M

#221

Post by f311a »

qeternity wrote: post #49
scarfacedeb wrote: post #22

They're a paid service. Why do they need so much extra funding?! There's definitely going to be a feature creep and annoying changes. Time to consider the alternatives again :(

> Why do they need so much extra funding?! They've also (supposedly) been profitable since inception. It's likely that this round has a significant secondary, which means they're just cashing out part of a profitable business.

Not only profitable, but also bootstrapped business. They decided to go for VC money a few years ago.

Re: 1Password Has Raised $620M

#222

Post by wise0wl »

sdoering wrote: post #159
npteljes wrote: post #136

Earlier quoted context omitted.

Did you try BitWarden? I haven't yet, but it's supposed to be basically a FOSS alternative to LastPass / 1Password.

The only downside is that I can't currently use my privately hosted instance as passwd safe with the chrome browser extension. This only works for the hosted version. So I can't habe autofill, automatic saving of new/changed passwords and password creation and also use the same vault for the mobile app (Android). The mobile app can access the self hosted vault without any issue. I would love to fully migrate to self…

Use Vaultwarden. I use that, and it works wonderfully.

Re: 1Password Has Raised $620M

#223

Post by a5aAqU »

lotsofpulp wrote: post #100
Semaphor wrote: post #90

Earlier quoted context omitted.

1Password has the cloud, so maybe a better comparison would be bitwarden, not free (to use their hosted service) but FLOSS. Everything else stands, though ;)

The cloud part of a password manager can easily be handled by any file sync service, which are free and indistinguishable in quality from 1password.

Maybe for technical people.

Re: 1Password Has Raised $620M

#225

Post by vladstudio »

Eh. I used to use 1Password long ago, when it was still a "normal" app (one-time payment, not trying to become a unicorn). It was easy for me to switch password managers (my needs are modest, and I generally like to break my app habits once in a while). My journey included (1) self-written manager; (2) LastPass; (3) pass CLI, and (4) Bitwarden (free tier).

I'm now a happy Bitwarden user. It's ugly, and I'm a UX designer, but it's the least worst! (to me)

Re: 1Password Has Raised $620M

#226

Post by lolinder »

kspacewalk2 wrote: post #139
yabatopia wrote: post #84

Earlier quoted context omitted.

> Whatever the case may be, I'm sure it's going to turn out to be something completely worthless to me. You're probably right. Here's their vision of the future: https://www.future.1password.com/ It screams CORPORATE. Not a single mention of family or single user. It's all about business security, safely sharing data, protecting your company, etc.

Family/individual accounts are nice and all, but most families/individuals just don't give a fuck about security nearly enough to pay a monthly fee for a password manager, and probably never will. The saturation point for them in this market is not too far off. So they go where there's real money to be made. They are well-positioned to become the default choice to handle corporate day-to-day cyber-security needs of m…

> most families/individuals just don't give a fuck about security nearly enough to pay a monthly fee for a password manager

It's more than that, most families that do care about security don't need features beyond what is built into iOS/Android. When I encouraged my wife to start using randomized passwords, I didn't even have to help her get set up. She already knew how to use Apple's password manager, so she just started using it. No setup, no additional monthly fee, just a quick decision to start using it.

When we need to share a password, we just read it off to each other and put it in our respective password managers. There aren't really any features in a paid password manager that we miss.

Re: 1Password Has Raised $620M

#227

Post by [deleted] »

fxtentacle wrote: post #50

"1Password Has Raised $620M" Ah fuck. They now need to grow at any cost to earn all that money back. And they'll throw their users under the bus, if they have to, because it's either grow like a unicorn or go bust. Also, I sincerely have no clue how a password manager could be so expensive. Last time I checked, the excellent KeePassXC was still free open source and developed by volunteers in their free time. How come…

[deleted]

Re: 1Password Has Raised $620M

#228

Post by AlexandrB »

maxwell86 wrote: post #207
fxtentacle wrote: post #50

"1Password Has Raised $620M" Ah fuck. They now need to grow at any cost to earn all that money back. And they'll throw their users under the bus, if they have to, because it's either grow like a unicorn or go bust. Also, I sincerely have no clue how a password manager could be so expensive. Last time I checked, the excellent KeePassXC was still free open source and developed by volunteers in their free time. How come…

> I sincerely have no clue how a password manager could be so expensive. So you can't imagine how owning the passwords of all services of dozens of millions of users, both private users and corporate accounts, could be valuable?

> So you can't imagine how owning the passwords...

Emphasis mine.

That's the thing that bugs me about 1Password's recent moves. They don't own my passwords and I don't want them to own them. They're my passwords, and I want to store them how I want. Not be at the whims of 1Password's business strategy.

Re: 1Password Has Raised $620M

#229

Post by rcarmo »

germinalphrase wrote: post #45

Has anyone migrated easily between password managers? Manually entering my (hundreds?) of unique logins/passcodes would be quite a chore.

I exported successfully from 1Password 6 onto Secrets and KeePassXC. Only thing missing were software licenses (some attachments may not carry over correctly or show up as notes).

Re: 1Password Has Raised $620M

#230

Post by MAGZine »

casenjo wrote: post #126
tempodox wrote: post #46

This kind of announcement tends to ring all kinds of alarm bells for me. What kinds of changes should we expect to make those huge investments worthwhile for the investors? My 1Password installation is grandfathered from a time when it was just a standalone app, without subscription. Will it just stop working one day to bully me into subscribing? Can you even start using 1Password these days without buying a subscrip…

Unfortunately yes. You'll still be able to use your license but once that version becomes incompatible with your OS you won't have a choice but to upgrade. I'm disappointed I won't be able to keep the Dropbox sync in 1Password 8. They did have this survey to gauge interest in self hosting it: https://survey.1password.com/self-host/

The Dropbox integration to me became worthless after Dropbox limited the number of devices it would sync to on the free plan.

If I can't have my passwords everywhere, then the value delivered drops off a cliff

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