Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

1Password Has Raised $620M

blog.1password.com

Post reply on HN
Print view View original

441–450 of 723 posts

Re: 1Password Has Raised $620M

#441

Post by Joeri »

xfz wrote: post #327
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…

> 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. Agreed, an outbreak of featuritis is almost guaranteed. The core product works well for the job intended, but I don't want to be bothered with an expanding scope and the inevitable spam promoting the features that I don't really nee…

The move to an electron client was a clear indication they intend to add lots of features. If they were more or less feature complete they would have not bothered with an electron rewrite.

Re: 1Password Has Raised $620M

#442

Post by hk__2 »

Someone wrote: post #325
theturtletalks wrote: post #89

Earlier quoted context omitted.

I long hoped Apple would buy out 1Password and include it in their iCloud+ subscription.

Apart from “works on stuff you didn’t buy from Apple” (a feature that I think isn’t in Apple’s interest to support well), what major features does it have that keychain syncing over iCloud doesn’t already have, or could easily add?

It goes beyond passwords. I use 1P to store documents, 2FA codes, IBANs, notes. You can also attach arbitrary metadata to each entry, and I don’t think there’s the ability to filter by category in the iCloud keychain.

Re: 1Password Has Raised $620M

#443

Post by [deleted] »

hodgesrm wrote: post #324
xmorse wrote: post #250

Earlier quoted context omitted.

What about being profitable? If you need 620M to keep the company alive what will happen next time?

It's not enough to be profitable (which they claimed to be in 2021). But even if they are profitable, it's unlikely they generate a lot of cash. For a secure future you also want a nice pot of cash to be able to make investments and to weather dips in the market.

[deleted]

Re: 1Password Has Raised $620M

#444

Post by rco8786 »

kmac_ wrote: post #365
btown wrote: post #295

People thinking this is an absurd amount of money are sleeping on how 1Password is quietly positioning itself to become the ground truth storage solution for corporate secret management, across devops and non-technical groups alike. Given Hashicorp's market cap of 11B, and 1Password's narrative on how to become even more central to corporate use cases by being the storage layer for Vault deployments, it's a very reas…

Well, Hashicorp stands on many legs and they don't have much competition in many areas as theirs solutions are pretty unique...

Their solutions are unique but the problems they are solving are not, they are in direct overlap with where 1P is going.

Re: 1Password Has Raised $620M

#445

Post by hotpotamus »

throwaway64643 wrote: post #437
decrypt wrote: post #388

Earlier quoted context omitted.

I like Bitwarden too, but can't dismiss the fact that 1Password is superior to Bitwarden in many ways: - Mobile UI is beautiful on 1Password. - The UX from creating a password entry to auto-filling is easily better on 1Password. Bitwarden doesn't show autofill entries on login forms yet. That's a deal breaker, at least for me. - Account recovery via a trusted family member. - Additional security measure: private key…

You think they'll keep that price for forever?

I bought Lastpass when it was $12/year. Over the years and after being acquired, they tripled the price. I miss when technology used to decrease in price and provide better functionality.

Re: 1Password Has Raised $620M

#446

Post by peterangular »

josephd79 wrote: post #430
decrypt wrote: post #388

Earlier quoted context omitted.

I like Bitwarden too, but can't dismiss the fact that 1Password is superior to Bitwarden in many ways: - Mobile UI is beautiful on 1Password. - The UX from creating a password entry to auto-filling is easily better on 1Password. Bitwarden doesn't show autofill entries on login forms yet. That's a deal breaker, at least for me. - Account recovery via a trusted family member. - Additional security measure: private key…

Bitwarden has all those features you listed. I use it every day. You can setup a trusted family member. You get a master password and private key incase you can't access 2fa. You can setup autofill entries. UI/UX are opinions. You pay $40 dollars a year for Family, $10 a year for an individual. Cheaper than 1password.

Hopping aboard to add that Bitwarden does in fact have all of those features. It's disingenuous of parent comment to imply/claim otherwise.

Sure the UI/UX is a bit basic... but honestly most of us should prefer that.

Re: 1Password Has Raised $620M

#447

Post by antupis »

nerdawson wrote: post #252
chaorace wrote: post #116

Earlier quoted context omitted.

It really makes me wonder what kind of conversations had to happen to bring investors on-board. I don't want to give too much credit to investor types, but... surely this must have thrown up some red flags? Exactly what kind of moon-shot ideas did 1Password start tossing around to get those wallets open?

1Password started doing secrets management last year. I'd imagine they'll go down the path of more business and enterprise tools.

Yeah this I hope strategy is to use current product as top of sale funel and then sell business secret managment + other IAM stuff.

Re: 1Password Has Raised $620M

#448

Post by Dedime »

torstenvl wrote: post #375
ascar wrote: post #98

Earlier quoted context omitted.

What of these are you missing with keypass? Except that sync would be done through a regular file (the keypassdb).

All of them? There isn't a single good KeePass client on macOS. Strongbox is the most polished but doesn't offer browser integration. KeePassXC has a terrible UI, and MacPass doesn't remember your key file between sessions. Both require staying in your Dock and need the janky KeePassHTTP-Connector to work with a browser.

KeePassXC is excellent, and available on MacOS / Linux / Windows

Re: 1Password Has Raised $620M

#450

Post by chrisburgin »

HikeThe46 wrote: post #372
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…

The individual user is extra revenue to them. Their business is B2B. Because my company uses 1password for business I also use it for home and they get an extra $60/year from my household because I need to already use it for work.

If your company is using 1Password Business you can get your family account for free. https://support.1password.com/link-family/
Post reply on HN