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> Why would a password manager need so much money? The announcement suggests they are looking to also launch their own authentication service and tools for man

> Why would a password manager need so much money? The announcement suggests they are looking to also launch their own authentication service and tools for managing application secrets.

Corrado 4y ago
I would love for Bitwarden to use this money to make SSO available to all pricing levels. Currently, in order to use SSO with Bitwarden you have to be on their "Enterprise" plan. I think SSO is too important to gate behind a paywall, especially for a company whose main product is security.
cmeacham98 4y ago
How did I have to scroll this far down to find someone who's actually read the post? Everybody seems to think the money is purely for expanding the password manager, while in the post they call out adjacent markets they want to expand to. I'm cautiously optimistic that this could mean we won't see the end of Bitwarden, as those are areas where companies will pay big money.
- huimang 4y ago
  Welcome to HN/Reddit. Most threads have people commenting without reading the article at all (or very briefly skimming). More or less just reacting to the headline. And according to HN guidelines, we aren't supposed to comment on if someone has read the article or not. Stellar.
- gundamdoubleO 4y ago
  >How did I have to scroll this far down to find someone who's actually read the post? Welcome to Hacker News
  - antcas 4y ago
    Welcome to the internet at large.
    - iso1631 4y ago
      And by extension the world. For every person who reads a story, 10 more just look at the headline and absorb it subconsciously.
- Macha 4y ago
  It's not that people didn't read the statement, it's that people have learned not to trust statements like this. Ask all Heroku's customers who were just fired by Salesforce to focus on their enterprise offering for example.
  - ShamelessC 4y ago
    I’m pretty sure it’s still because people didn’t read the statement, lol
  - usefulcat 4y ago
    ¿Por qué no los dos?
- PascLeRasc 4y ago
  It's because we're all still in the middle of getting burned by 1Password spending millions to make our app run worse and do less.
  - NegativeLatency 4y ago
    I almost switched to bitwarden last week, now glad I didn't, but the problem still remains of wanting to find a password manager that isn't crap.
  - foobiekr 4y ago
    That perfectly describes the 1password situation.
  - arjvik 4y ago
    Wait, I'm just about to switch my entire family from LastPass to 1Password because of the latest LastPass hack. Should I be wary?
    - mdaniel 4y ago
      If you're new to 1Password, you may enjoy their service because you won't have the memory/experience of the things that were taken away or "how it used to be." Now, as for whether one should worry because the company screwed their existing customers once already ... that's personal risk tolerance, I guess My opinion is that 1Password is the best product out there for the majority of users, because they're pretty good about documenting their formats, have a very good export story, their customer service is mostly good, it's a reasonable price, and their UX absolutely spanks Bitwarden up one side and down the other But, if a few years from now they rip the ssh-agent out of their Electron apps citing some "well, we decided" reason, or they ban 3rd party clients from using their API because "of sekurity," then no one should be surprised that the scorpion stung them
- JohnJamesRambo 4y ago
  The road to terrible software is paved with companies trying to expand to “adjacent markets”.
  - NegativeLatency 4y ago
    Not limited to software even, plenty of examples of companies chasing larger valuations by taking on stuff outside their core competency
    - JohnJamesRambo 4y ago
      Can I interest you in a Metaverse?
  - FollowingTheDao 4y ago
    Greed kills like speed kills. It’s all very fun and exciting until you crash.
- Diris 4y ago
  Now one hour later, the post is at the top! It probably just needed time : )
PartiallyTyped 4y ago
Given apple's push for passwordless web in collaboration w/ Google and M$ [1], I was worried that BW will go out of business, but they have plans for this and I hope they succeed. [1] https://www.apple.com/newsroom/2022/05/apple-google-and-microsoft-commit-to-expanded-support-for-fido-standard/ https://www.apple.com/newsroom/2022/05/apple-google-and-micr...
fmajid 4y ago
Compete with Okta, essentially

> Why would a password manager need so much money? The announcement suggests they are looking to also launch their own authentication service and tools for managing application secrets.

Corrado 4y ago

I would love for Bitwarden to use this money to make SSO available to all pricing levels. Currently, in order to use SSO with Bitwarden you have to be on their "Enterprise" plan. I think SSO is too important to gate behind a paywall, especially for a company whose main product is security.

cmeacham98 4y ago

How did I have to scroll this far down to find someone who's actually read the post? Everybody seems to think the money is purely for expanding the password manager, while in the post they call out adjacent markets they want to expand to. I'm cautiously optimistic that this could mean we won't see the end of Bitwarden, as those are areas where companies will pay big money.

huimang 4y ago
Welcome to HN/Reddit. Most threads have people commenting without reading the article at all (or very briefly skimming). More or less just reacting to the headline. And according to HN guidelines, we aren't supposed to comment on if someone has read the article or not. Stellar.
gundamdoubleO 4y ago
>How did I have to scroll this far down to find someone who's actually read the post? Welcome to Hacker News
- antcas 4y ago
  Welcome to the internet at large.
  - iso1631 4y ago
    And by extension the world. For every person who reads a story, 10 more just look at the headline and absorb it subconsciously.
Macha 4y ago
It's not that people didn't read the statement, it's that people have learned not to trust statements like this. Ask all Heroku's customers who were just fired by Salesforce to focus on their enterprise offering for example.
- ShamelessC 4y ago
  I’m pretty sure it’s still because people didn’t read the statement, lol
- usefulcat 4y ago
  ¿Por qué no los dos?
PascLeRasc 4y ago
It's because we're all still in the middle of getting burned by 1Password spending millions to make our app run worse and do less.
- NegativeLatency 4y ago
  I almost switched to bitwarden last week, now glad I didn't, but the problem still remains of wanting to find a password manager that isn't crap.
- foobiekr 4y ago
  That perfectly describes the 1password situation.
- arjvik 4y ago
  Wait, I'm just about to switch my entire family from LastPass to 1Password because of the latest LastPass hack. Should I be wary?
  - mdaniel 4y ago
    If you're new to 1Password, you may enjoy their service because you won't have the memory/experience of the things that were taken away or "how it used to be." Now, as for whether one should worry because the company screwed their existing customers once already ... that's personal risk tolerance, I guess My opinion is that 1Password is the best product out there for the majority of users, because they're pretty good about documenting their formats, have a very good export story, their customer service is mostly good, it's a reasonable price, and their UX absolutely spanks Bitwarden up one side and down the other But, if a few years from now they rip the ssh-agent out of their Electron apps citing some "well, we decided" reason, or they ban 3rd party clients from using their API because "of sekurity," then no one should be surprised that the scorpion stung them
JohnJamesRambo 4y ago
The road to terrible software is paved with companies trying to expand to “adjacent markets”.
- NegativeLatency 4y ago
  Not limited to software even, plenty of examples of companies chasing larger valuations by taking on stuff outside their core competency
  - JohnJamesRambo 4y ago
    Can I interest you in a Metaverse?
- FollowingTheDao 4y ago
  Greed kills like speed kills. It’s all very fun and exciting until you crash.
Diris 4y ago
Now one hour later, the post is at the top! It probably just needed time : )

PartiallyTyped 4y ago

Given apple's push for passwordless web in collaboration w/ Google and M$ [1], I was worried that BW will go out of business, but they have plans for this and I hope they succeed. [1] https://www.apple.com/newsroom/2022/05/apple-google-and-microsoft-commit-to-expanded-support-for-fido-standard/ https://www.apple.com/newsroom/2022/05/apple-google-and-micr...

fmajid 4y ago

Compete with Okta, essentially