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1Password Has Raised $620M

blog.1password.com

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Re: 1Password Has Raised $620M

#571

Post by neon_electro »

jordanpg wrote: post #95
aniforprez wrote: post #80

Earlier quoted context omitted.

I'm actually surprised by all the reactionary comments here with almost no research. 1Password already has integrations with Fastmail and Privacy and have launched a Secrets Automation[0] offering. I'm assuming this money does go partially into the password manager (which they say has always been profitable) but I think the money would actually go into ancillary services for competitors to Vault or Okta for authentic…

This. Where is the nuance and slow thinking, folks? I don't know much about much, but I do know that the far future of computing isn't going to involve people memorizing and typing complicated passwords, or using finicky password managers. There is massive potential for growth and vision in this space.

The conversation about 1Password's corporate direction and the impact on its products, users and the "ecosystem" they appear to care so much about has been going on for months if not years before today. There's been plenty of time for slow thinking.

I say this as a 1Password subscriber and user of its products going back all the way to 1Password 3.

Re: 1Password Has Raised $620M

#572

Post by christkv »

This makes me want to consider switching away as they know will have monetize so who knows how they will mess with me in the future. Any options out there that supports the same range of clients and are privately held ?

Re: 1Password Has Raised $620M

#574

Post by neon_electro »

mlindner wrote: post #566
amelius wrote: post #545

Tbh, since using Firefox Sync, I have no idea why people would need anything else to manage their passwords ... Can anyone enlighten me why I would need 1Password?

It uploads your passwords to their cloud. How is that okay? The key thing with a password manager is disjoint processes. You don't want the cloud provider to also be the password manager provider. A single breakin/rogue employee/government warrant and you passwords are exfiltrated.

Your "one password" is part of the encryption key for your 1Password vaults; your passwords and sensitive information stored in the vault is encrypted before it hits 1Password's cloud.

Exfiltrators would need your master password to get in.

Re: 1Password Has Raised $620M

#575

Post by drewmol »

rekoil wrote: post #488
kitsunesoba wrote: post #485

Earlier quoted context omitted.

Similar here, I don’t mind the subscription fee and even like that I can effortlessly pull my passwords from whichever device I need to at the moment. The new electron app is a mess though, even if its data layer is done in Rust. It feels like a cheap imitation of the old one with so many little details being wrong, along with the general sluggishness that comes with a “modern” web stack. I’m not really happy with an…

Right!? The hard part is integrating nicely with the OS, which is just not something that's in Electrons bag. The thing Electron "improves" for them is portability for the one thing that users really want to avoid interacting with. It's just such a confusing business decision in my eyes, and to be completely honest, part of the reason I'm looking at switching is literally that they are making a decision like this unp…

Here's a +1 for Strongbox. It plays nicely with my Keepass/Dropbox sync setup. Been using it for a few years definitely worth the price.

Re: 1Password Has Raised $620M

#576

Post by 2muchcoffeeman »

clairity wrote: post #563
2muchcoffeeman wrote: post #556

Earlier quoted context omitted.

The last time they offered stand-alone licenses was 1Password 7 in 2018. Not that long ago. But they seem to have made it harder and harder to get at the local vault settings. Version 8 will only be subscription based.

so ixnay to version 8 then. are you for sure that there's no version 7 point upgrade that's broken like that? my original license was 1password 3 (teams edition or something like that?) i believe, which i'd been upgrading all along. too bad they'll lose all this recurring revenue, even if it's not strictly as uniform and regular as subscriptions.

No I’m not. But version 7.8.7 is not that old.

Previously it was one license per user per platform. I’ve bought 1Password at least 3 times and pointed them to the same vault. Can’t remember if they had paid upgrades.

If you are not inclined to host your own server, it really doesn’t seem clear to me to migrate away. Only the single and 2 user free licence and the single premium license for bitwarden is a clear winner. For families it’s not much cheaper.

I’m not even opposed to paying. I’ve bought 1P a few times. And I’d pay for another service. I think it’s the fact that they are forcing the choice that gives me a bag taste in my mouth. But this is irrational if my 2nd choice is to pay bitwarden a similar amount of money for a family subscription.

Re: 1Password Has Raised $620M

#577

Post by xchaotic »

Every time I see such a pre emptive money grab (1p doesn’t need all this money upfront- they could fund new features and growth from paying customers) I know that prospective users will have to pay back a multiple of the 600M back to the investors. Why would I choose 1pass, knowing that they’ll want even more money in the future, in perpetuity, when free alternatives exist? I also feel like it makes them a super juicy central attack target for both commercial and state sponsored hackers.

Re: 1Password Has Raised $620M

#578

Post by bluescrn »

mlindner wrote: post #561

1Password lost me when they went subscription model and required mandatory servers on their system to keep it running. It went from being one of the best password storage solutions to one of the worst. I'm still using 1Password 6 as that was the last version which could run offline.

In the pre-cloud days, Dropbox was the go-to option for syncing 1Password. But Dropbox have also restricted their free offering (3-device limit) since then.

I didn't mind paying for 1Password so much, it does its job well across multiple platforms and devices, and it got me away from some very bad password habits.

But I don't use Dropbox any more.

Re: 1Password Has Raised $620M

#580

Post by mdaniel »

alanh wrote: post #559
clairity wrote: post #539

Earlier quoted context omitted.

does anyone know definitively which is the last 1password version that doesn't require cloud? some folks are saying it's v6 but i have 7.8.7, and everything seems to be working fine, as far as i can tell. i still use local vaults and dropbox syncing to my ios devices without issue.

Definitively: v7 works with stand-alone / non agilebits-synced databases; v8 will not. (I think v8 is out for Windows but not yet Mac.) I am a long-time 1Password user who recently made the leap to their hosted service. 1Password remains best-in-class for me and has a terrific security record, especially compared to their peers. While I too lament the everything-is-a-subscription-now trend, I remain a strong supporte…

I would bet their Privacy.com integration is also v8/cloud only: https://blog.1password.com/privacy-virtual-cards/
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