5 ms·

I'm actually surprised by all the reactionary comments here with almost no research. 1Password already has integrations with Fastmail and Privacy and have launc

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 authentication and secrets. Of course, it's not unfounded that as consumers we'd be concerned about the affect this might have on the base product but they've been pretty open about their ambitions since the first funding round a couple of years ago [0] https://1password.com/secrets/ https://1password.com/secrets/

jordanpg 5y ago
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.
- neon_electro 5y ago
  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.
chasedehan 5y ago
True. I’m reading this as an attempt to move into the enterprise auth space (e.g. Okta).
PragmaticPulp 5y ago
> I'm actually surprised by all the reactionary comments here with almost no research. On the contrary, many of us are already experiencing the paid SaaS squeeze from 1Password long before this fundraising. It doesn’t matter what they claim to need the money for. The company and product already declined from a great standalone option to a forced SaaS subscription payment with the self-hosted options removed. There’s no way I’m buying the story that they’re raising more money without a goal of squeezing more money from their customers, nor will I believe that they’re only going to get this profit from other customers while ignoring the consumer space. In the real world, companies don’t actually segment up their product offerings and operate them as separate businesses with separate profitability goals. It’s all one big product mix and they’ll be squeezing money out of everything, wherever they can find it.
matheweis 5y ago
Two major reasons for the backlash: 1: 1Password already backhanded users once for business reasons. They used to be a nice, local password manager that synced with dropbox or your choice of filesystem. Then they added cloud support and used dark patterns to force adoption of a subscription based cloud service while making the local version harder and harder to use. At some point I gave up, I’m not even sure it’s possible to use locally anymore. It might be that the marginal utility is worth it, but forcing my hand also broke my trust 2: This is now the path of the majority of American corporations, most especially high growth vc funded; make something awesome, grow, extract profits, die. It doesn’t really matter whether it’s burritos or password managers, we’ve seen this pattern one too many times.
- neon_electro 5y ago
  It's still possible to use it locally in v7; v8 will no longer allow it. The brand damage has been done regardless.
- vmurthy 5y ago
  > This is now the path of the majority of American corporations Nitpicking but 1P is a Canadian company :) . I guess the pattern is almost universal?
  - matheweis 5y ago
    Good call out :)

jordanpg 5y ago

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.

neon_electro 5y ago
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.

chasedehan 5y ago

True. I’m reading this as an attempt to move into the enterprise auth space (e.g. Okta).

PragmaticPulp 5y ago

> I'm actually surprised by all the reactionary comments here with almost no research. On the contrary, many of us are already experiencing the paid SaaS squeeze from 1Password long before this fundraising. It doesn’t matter what they claim to need the money for. The company and product already declined from a great standalone option to a forced SaaS subscription payment with the self-hosted options removed. There’s no way I’m buying the story that they’re raising more money without a goal of squeezing more money from their customers, nor will I believe that they’re only going to get this profit from other customers while ignoring the consumer space. In the real world, companies don’t actually segment up their product offerings and operate them as separate businesses with separate profitability goals. It’s all one big product mix and they’ll be squeezing money out of everything, wherever they can find it.

matheweis 5y ago

Two major reasons for the backlash: 1: 1Password already backhanded users once for business reasons. They used to be a nice, local password manager that synced with dropbox or your choice of filesystem. Then they added cloud support and used dark patterns to force adoption of a subscription based cloud service while making the local version harder and harder to use. At some point I gave up, I’m not even sure it’s possible to use locally anymore. It might be that the marginal utility is worth it, but forcing my hand also broke my trust 2: This is now the path of the majority of American corporations, most especially high growth vc funded; make something awesome, grow, extract profits, die. It doesn’t really matter whether it’s burritos or password managers, we’ve seen this pattern one too many times.

neon_electro 5y ago
It's still possible to use it locally in v7; v8 will no longer allow it. The brand damage has been done regardless.
vmurthy 5y ago
> This is now the path of the majority of American corporations Nitpicking but 1P is a Canadian company :) . I guess the pattern is almost universal?
- matheweis 5y ago
  Good call out :)