This people have lost their minds.
1Password Has Raised $620M
241–250 of 723 posts
Re: 1Password Has Raised $620M
#242Earlier quoted context omitted.
> 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. Because 1Password is easy enough to use that my wife and I can share a family plan without her getting frustrated. If one of us has a login the other needs, we can easily share it. When I evaluated KeePass, the Wife-Accep…
Nerds continue to fail to grasp the value of UI/UX. This has always been why FOSS and similar solutions have failed to compete in the market in spite of being "free" and often technically superior. UI/UX is everything. Apple became the most valuable company in history on the back of UI/UX alone. Their tech is decent but not that much better than anyone else's, but their stuff is at least marginally easier to use and…
> Nerds continue to fail to grasp the value of UI/UX.
Or perhaps nerds do grasp the negative value of anti-patterns in UI/UX, and reject attempts to create interfaces and usage models that remove control from the user, create vendor lock-in, or compromise privacy and security.
Re: 1Password Has Raised $620M
#243any alternative you folks recommend?
Have a look at https://taoofmac.com/space/apps/1password for a list.
Re: 1Password Has Raised $620M
#244I can see the use case for these online password apps.
But I can't for the life of me understand why KeePass isn't the defacto gold standard.
It's secure, open source and you have control over the data. I would never for the life of me think of storing my important passwords with a company ever. Am I over reacting?
Re: 1Password Has Raised $620M
#245Question from the community comment thread here: How many people are actually going to change away from their current 1 password account as a result of this OR how many will watch 1 password and make a move in the future if product lowers their quality vs how much of this comment thread is people expressing viewpoints but aren't tied to the product in a real way? Obviously tough to validate but I feel like a lot of t…
I assume many of us are hanging on to older 1Password versions that offered perpetual licenses and Dropbox syncing. Once those eventually stop working (OS update, browser extension changes) I’ll be switching. But I’m not going to proactively change because there’s no reason to. The 1Password SaaS isn’t terribly expensive, but I would have spent $100+ more on it for the exact same functionality I’ve had with my perpet…
Do you think they would extend that license indefinitely? I can't imagine it to be a large portion of clients - why upset a loyal base of clients?
Re: 1Password Has Raised $620M
#246Earlier quoted context omitted.
> 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. Because 1Password is easy enough to use that my wife and I can share a family plan without her getting frustrated. If one of us has a login the other needs, we can easily share it. When I evaluated KeePass, the Wife-Accep…
Nerds continue to fail to grasp the value of UI/UX. This has always been why FOSS and similar solutions have failed to compete in the market in spite of being "free" and often technically superior. UI/UX is everything. Apple became the most valuable company in history on the back of UI/UX alone. Their tech is decent but not that much better than anyone else's, but their stuff is at least marginally easier to use and…
I ditched 1Password in favour of KeePass exactly because of UX issues. 1Password felt too magical and did too much implicit stuff to my taste. KeePass is dumb simple and that's what I need from password manager. I hope that its UX will not change.
Re: 1Password Has Raised $620M
#247Earlier quoted context omitted.
> 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. Because 1Password is easy enough to use that my wife and I can share a family plan without her getting frustrated. If one of us has a login the other needs, we can easily share it. When I evaluated KeePass, the Wife-Accep…
Nerds continue to fail to grasp the value of UI/UX. This has always been why FOSS and similar solutions have failed to compete in the market in spite of being "free" and often technically superior. UI/UX is everything. Apple became the most valuable company in history on the back of UI/UX alone. Their tech is decent but not that much better than anyone else's, but their stuff is at least marginally easier to use and…
This is accurate. We charge twice as much as our competitor and we consistently hear from customers that UI/UX is a massive part of the reason they choose our system.
Re: 1Password Has Raised $620M
#248"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…
>How come 1Password needs the equivalent of 7750 years of $80k annual salary to build the same? sales/marketing
Good call, residential users are solid maybe they're going after the corporation use case?
Re: 1Password Has Raised $620M
#249`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.
So that means what? My password manager is going to start crypto-mining, and share the profits with me? My password manager is going to report all the sites that I have stored passwords for back to the companies? Whatever the case may be, I'm sure it's going to turn out to be something completely worthless to me. Fortunately, there's always Keepass, which keeps plugging away doing exactly what it says on the tin.
Surely there's still room for some innovation in the authentication space?
I remember a few years ago Steve Gibson was working on a certificate based system called SQRL and it sounded pretty cool to me. Maybe 1Password have some ideas of their own?
Re: 1Password Has Raised $620M
#250"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…
Alternative view: I'm glad to see 1Password obtain abundant financial backing. I use 1Password personally and at my employer. It's really good. I won't switch as long as they keep it that way. Seems as if they have enough money to do that regardless of what happens in the market. p.s., How is this really different from going public? I'm sure they considered that option. Either way you are answerable to investors.
What about being profitable? If you need 620M to keep the company alive what will happen next time?