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1Password Has Raised $620M

blog.1password.com

691–700 of 723 posts

Re: 1Password Has Raised $620M

#691

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 :(

Because they want to make new products and become the privacy company.

Re: 1Password Has Raised $620M

#692
post #670

Earlier quoted context omitted.

iCloud KeyChain has automatic sharing of services, but only for Apple Services ( https://support.apple.com/en-gb/HT203046 ) That might be because they want to make their own services more attractive (if so, I think they made the wrong choice), but also could be a legal thing. https://www.apple.com/family-sharing/ : “You can add anyone to your Family Sharing group age 13 and older and invite them to share an Apple Car…

Considering that Netflix’s ToS and Apple’s Family Sharing both say that they’re only meant for people in the same household, I don’t see “Apple might fear getting sued” as an issue.

Where do you read that for Apple’s services? Reading the “Apple Media Services Terms and Conditions” (at the confusing URL https://www.apple.com/legal/internet-services/itunes/), it doesn’t mention household, always spells “Family” with a capital letter, and as far as I can tell, only mentions these restrictions on who can join a Family:

“Family Sharing Rules: You can only belong to one Family at a time, and may join any Family no more than twice per year. You can change the Apple ID you associate with a Family no more than once every 90 days. All Family members must share the same Home Country”

Re: 1Password Has Raised $620M

#693

Earlier quoted context omitted.

> 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.

I think from a stakeholder pov, just the fact that they are the gatekeeper to your passwords make it valuable.

Imagine if the chinese government could buy all its stock through a third party company, and sit on the board, install a "party affine" CEO without morals, etc.

Just a single silent software update can upload everyone's master key un-encrypted to the cloud, and decrypt everyone's passwords, attach them to email and corporate ids, etc. without anybody noticing.

How valuable does that make 1Password?

Re: 1Password Has Raised $620M

#694

Earlier quoted context omitted.

Just 3 dollars a month… if every piece of software I use on a daily basis cost me a few dollars then the usage cost would spiral out of control. Now many of us are software developers here on HN, so I understand the need to charge money for software. But I paid full price for 1Password6 years ago and I haven’t needed any updates to continue using it. Now the company refuses to sell a non-subscription service version…

> Just 3 dollars a month… if every piece of software I use on a daily basis cost me a few dollars then the usage cost would spiral out of control. This sounds so much pithier than it actually is, but of course every reply will say it. Does 1Password asking for 3 dollars make every other app on your computer suddenly need 3 dollars a month? Every piece of software needs its own plan for continued development. Some sof…

> People are allergic to upfront payment.

What? People in general are clamoring and highly prefer one-time payment. Approximately nobody wants a recurring charge every month.

Companies are pushing and forcing subscriptions only because the recurring revenue stream is what investors want to see. People don't want it.

Re: 1Password Has Raised $620M

#695

Earlier quoted context omitted.

Yeah I don’t know how to feel about this. I still have a license that allows me to use it with a local vault. But I really want to get the family subscription. The Premium BitWarden plan is much cheaper than 1Password but the the Family plan doesn’t get you as much of a discount and my parents are on iPhones. Edit: Dave Teare, the 1Password guy claims that when they were still offering standalone licences in 2018, pe…

How do iPhones factor in to this decision?

On iOS 1Password is definitely the most polished password manager. If I’m paying the family price, I’m not going to get a less good UI.

Re: 1Password Has Raised $620M

#696
post #438

Earlier quoted context omitted.

I predict we start seeing "Login with 1Password" buttons on random websites next to the google and facebook buttons. I also predict it never catches on.

Based on https://www.future.1password.com/ I'm guessing it will be closer to LastPass's auto-login. It still uses the existing username/password form, but autofills and submits for you. So a 1- or 0-click login once you hit the login form, as opposed to the current 3-click system (see login list, click to fill, click to submit). And looks like it also might handle the 2fa portion (which essentially makes it 1fa).

How do you expect to choose which account to get in if there isn't a list to choose from?

Currently in Lastpass If you have one account it's auto filled making it a single click.

Re: 1Password Has Raised $620M

#697
post #69

Earlier quoted context omitted.

I think of it as Evernote Syndrome. Take a perfectly great app and then slowly add nonsense on it until it's slow and bloated.

You say Evernote, I say Jira.

Also, JetBrains syndrome - where you barely develop existing products because making new products makes you more money. Happens with kick-starters and games on steam as well.

Re: 1Password Has Raised $620M

#699
post #532

Earlier quoted context omitted.

“Limited” is better. “Crippled” has a negative connotation when it comes to software.

Then crippled seems like the perfect word.

"Crippled" implies a degree of everyday suffering in the "cripple", or a downgrade from a previous state of health. The advanced features in Bitwarden were never free, in fact I think some of them were eventually added to free plans too. I honestly don't even want stuff like yubikey support, and could see that as feature bloat!

I don't expect everything to be free, I'm perfectly fine with the freemium model when the set of free features is reasonable - as, in my humble opinion, is the case with Bitwarden. So I wouldn't use a word like "crippled" when it's more like "normal for regular users vs enhanced for advanced needs".

Re: 1Password Has Raised $620M

#700

Earlier quoted context omitted.

I suspect 1Password sees features like iCloud Keychain coming and is trying to grow into other markets because a "good enough" built-in password manager will significantly decrease their value proposition in the consumer space. Not great if you like their product as a consumer, but 1Password's biggest feature differentiator right now is better family sharing than iOS provides. That could easily change in a future iOS…

> Enterprise features on the other hand, that's not something that OS vendors are likely to ship. Maybe not on Mac, but MS will probably try.

If anything I'd bet on MS sticking it into their Office subscription, not Windows itself. So 1Password will be up against iCloud Keychain from Apple and Microsoft Passwords 365 on the enterprise front.
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