In Its First Funding in 14 Years, 1Password Raises $200M Series A

Re:In Its First Funding in 14 Years, 1Password Raises $200M ... by sagichmal on Thursday November 14, 2019 @01:04PM (#21537720)

> You can easily get these files on to your phone for passwords on the go.

Something like 80% of the value prop of my password manager use is one-tap login (with FaceID) on mobile.

Handwaving this away is failing to understand the product and market at a fundamental level.

edit: literally a paper notebook with my passwords written in it is a better solution in essentially every dimension than a non-syncing password manager.

[ Parent | on HN ]

Re:In Its First Funding in 14 Years, 1Password Raises $200M ... by xmprt on Thursday November 14, 2019 @01:28PM (#21537931)

I definitely see the benefit of storing my passwords locally and not some single point of failure, but I also wouldn't ever claim it's simple or even a good solution. It does help me ease up on creating new account to places I don't need because I think about having to create and sync up a new password between my devices.

[ Parent | on HN ]

Re:In Its First Funding in 14 Years, 1Password Raises $200M ... by ymolodtsov on Thursday November 14, 2019 @02:15PM (#21538398)

How is that a single point of failure? You have downloaded copies on all your devices and the database is encrypted with your own master key, so even if 1Password is hacked there isn’t really a problem, just like LastPass hasn’t died when it had one.

[ Parent | on HN ]