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Are "password storing" tech companies worth a billion or so? And what's the "unique selling point" that stops me switching from one to another?
by DrBazza 5y ago
Are "password storing" tech companies worth a billion or so?
And what's the "unique selling point" that stops me switching from one to another?
- darkwizard42 5y agoLooks like another commenter added some context: For some very rough context: - Duo was acquired for $2.35B - Ledger was valued at $1.5B - Dashlane was valued at $1B - Yubico was valued at $600M - LastPass was acquired for $110M - Trezor has an annual revenue of $5M - Authy was acquired after receiving investments of $3.8M
- DrBazza 5y agoGosh. I'm in the wrong business. I should create my own "store your password" company. How hard can it be?
- darkwizard42 5y agoI mean, I think each of these products does branch out and starts to build enterprise tooling, management of stored information, maybe anti-virus and browser safety tools as well. Seems like each of them reached their valuation going above and beyond just a "store your password securely" product.