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Well that’s annoying. I guess the clock is ticking on Bitwarden becoming user hostile. I can’t see how they’ll be able to produce a return on that investment at
by nicoburns 4y ago
Well that’s annoying. I guess the clock is ticking on Bitwarden becoming user hostile. I can’t see how they’ll be able to produce a return on that investment at their current price points.
Having said that, I do think there is an opportunity for Bitwarden to expand into application secret management, and that could be a lucrative market with big enterprise customers if they get it right.
The announcement seems to be a generic “nothing will change” announcement though, which doesn’t inspire confidence as:
- These are almost always reneged on later
- Clearly something has changed (or why bother getting investment), they’re just not telling us what “we can deliver on our roadmap more quickly” could not possibly be more vague.
- deleted 4y ago[deleted]
- lathiat 4y agoI agree. That’s a huge investment for a product with a currently very low individual user price. I expect to see a rapid push to enterprise with individual users left behind and a lot of broken stuff along the way :/
- masklinn 4y agoHow much they chase growth and how much further investment there is will probably be one of the big concerns. Also how much ROI the investors expect. The market does seem to have space, 1password has an estimated ~235m revenue, and lastpass and dashlane ~70m. And all of them are quite a bit larger than the latest headcount I saw for bitwarden (reap. 800, 400, and 400, versus <100 for BW). But it is worrying, especially with bitwarden having low TCOs currently, especially for the free-er side of the offering.
- deleted 4y ago[deleted]
- Cederfjard 4y ago> I do think there is an opportunity for Bitwarden to expand into application secret management You mean like they mention in the announcement that they will be doing?