The typical trajectory of VC-backed companies is one of the things that led us to develop Backbone[1]. We've opted to forego VC funding and the short-term benefits in entails to build the long-term foundational infrastructure for end-to-end encryption.

Another concerning realization is how sparingly encryption is used in (many) modern password managers. Sure, it makes search easier but it also leaks secrets stored in metadata fields without any disclosure to the user. And this is in the single-user setting! There are vastly more security considerations as soon as a common "workspace" is involved.

[1] https://backbone.dev/