Re:1Password Has Raised $620M
by chipotle_coyote on Wednesday January 19, 2022 @11:45AM
(#29996081)
> Maybe they'll go the Keybase route and integrate some crypto?!
Well, congratulations, you just proposed a scenario that would make me consider leaving 1Password after all. :)
Seriously, I am somewhat concerned at this level of VC money injection; I'm not intrinsically against venture capital or such, but investors (obviously) want a return on their investment and it's hard to imagine how you get a return on that much investment with just a password manager, even one that's a subscription service.
(I am also not intrinsically against crypto and wouldn't really abandon a service just because they do something that involves it, but most blockchain technology continues to feel like a solution in search of a problem. That's another discussion, though…)
Well, congratulations, you just proposed a scenario that would make me consider leaving 1Password after all. :)
Seriously, I am somewhat concerned at this level of VC money injection; I'm not intrinsically against venture capital or such, but investors (obviously) want a return on their investment and it's hard to imagine how you get a return on that much investment with just a password manager, even one that's a subscription service.
(I am also not intrinsically against crypto and wouldn't really abandon a service just because they do something that involves it, but most blockchain technology continues to feel like a solution in search of a problem. That's another discussion, though…)