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> 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 squee
by 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.