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Serious question: how much will this impact LastPass? I get that a buy-out creates some risk for the company's future, but is migration really required in the n
by gnrlst 7y ago
Serious question: how much will this impact LastPass? I get that a buy-out creates some risk for the company's future, but is migration really required in the next 6-12 months?
- Kye 7y agoPrivate equity (PE) has a bad reputation for a good reason. I wouldn't jump to migration immediately, but you should keep an up to date export in a secure place. PE can take years to drive a company into the ground with debt.
- ulkesh 7y agoI migrated to Bitwarden immediately and removed all content in LastPass and deleted my LastPass account. My experience seeing companies sell out to private equity firms leads me to believe I haven't made that rash of a decision. For me, trust is usually immediately lost once a company changes hands. And when it comes to password management like this, trust is everything. Honestly, I would have supported Bitwarden before had I known about it prior to this HN post. I appreciate the content you and everyone else has provided in this thread.
- batmenace 7y agoWhy are you automatically assuming their goal is to load the company with bad debt? That’s only the outcome if the acquisition and plan are unsuccessful...