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Where are those "ridiculous amounts of money"? The price of 1password seems very moderate so they must selling enormous number of licenses to amass so much mone
by Tagbert 3y ago
Where are those "ridiculous amounts of money"? The price of 1password seems very moderate so they must selling enormous number of licenses to amass so much money.
- detaro 3y ago2022: "1Password with $620M Series C, now valued at $6.8B" https://techcrunch.com/2022/01/19/1password-series-c-funding/ https://techcrunch.com/2022/01/19/1password-series-c-funding... (following a $200M Series A and a $100M Series B in 2019/2021)
- nikanj 3y agoHence the ”must monetize” part. The investors expect to wring at least 5x their money, and selling $49 lifelong licenses does not net you billions