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Can you maybe touch a bit on the intended relationship between you and the VC? Are there plans to do aggressive monetization of Bitwarden? As a long time user,
by junon 3y ago
Can you maybe touch a bit on the intended relationship between you and the VC? Are there plans to do aggressive monetization of Bitwarden?
As a long time user, I'm a bit concerned as well.
- xxkylexx 3y agoBitwarden has had VC investors for years, long before the mentioned 2022 funding. I think our track record to date shows how we operate in this relationship. We specifically choose partners that align with our vision, not just anyone that comes off the street wanting to throw money at us (though there are many). Our health as a company afford us this luxury. Bitwarden is and has been monetized since the beginning. There are no plans to change how we monetize our products. It's working well for us.
- junon 3y agoThanks, then this all seems to be much ado about nothing. Cheers!
- sleepybrett 3y agothat or check back in a year when the founder will say, "... the realaties of the market..."
- nativeit 3y agoYou could ask them, you’re replying to the founder right now, after all.
- sleepybrett 3y agoI know. I've watched this cycle repeat time and time again. 'We would never' (six to twelve months pass) 'Well never say never'.
- Wolfenstein98k 3y agoThen why raise an additional $100m?
- JAlexoid 3y agoTo grow faster. To be able to fund new projects that could be of higher value to people willing to pay extra. You know, how you don't just save all of your life for a house - but get a mortgage and enjoy a house now, not in 50 years.
- Wolfenstein98k 3y agoBut if I had tonnes of cash, I wouldn't get a mortgage.
- tpetry 3y agoNo company will eever say that thereyare plans for aggresive monetezation. They will always say everything stays the same - open-source mindset etc. Until 2 years later there is a license and pricing change. One that will make it 10 times more expensive - or the free/open-source version will be crippled.
- shanusmagnus 3y agoAnd the UI will suck because they've made it an Electron app so they can have a universal platform...
- Fnoord 3y agoThe clients are fully FOSS, and there is a FOSS server reference application, too. What could go wrong? (Famous last words Inc.) FWIW: I've been using this application for the past years. I pay 12 USD or so a year, though I self-host. I just pay as a thank you since I still use the FOSS client, and the price is very reasonable. 1Password is hardly even a competitor as it is a completely different price range, and different product. It isn't FOSS at all, there's a vendor lock-in (in contrast to Bitwarden), and it is 3x as expensive at the very least. They're miles apart.
- lkuty 3y agoAnd 1Password does not propose self-hosting anymore, which is why I am stuck to version 7 for my personal vault. At work, we use Bitwarden self-hosted solution. I could even use an encrypted text file to store my passwords if there were no self-hosting solution anywhere. It gives you an idea at how much I do not want my infos to be on the Internet somewhere.