SaaS margins and recurring revenue is better, and I guess their previous model was killing 1Password.
Hello fellow (or former) password manager person! Fancy seeing you here.
The previous model wasn't killing us, in fact it isn't even "previous" because we still offer standalone licenses for those that want them and will continue to do so.
For those who aren't aware of our upgrade cycle in the past:
For Mac, we last charged for 1Password 4 back in 2013. Version 5 and 6 were free upgrades over the last 4 years. Version 3 users got free updates for 6 years before we released 1Password 4 as a paid upgrade.
For iOS, version 1 was paid, version 2 and 3 were free upgrades. Version 4 was a paid upgrade by way of a new app. It went free with premium in-app purchase in version 5 and all users who purchased version 4 got the premium service free in 5, 6 and 7.
If we really were struggling making revenue work for our standalone licenses we could've charged for upgrades every year like any other product does.
1Password.com is not about the revenue, it's about making a product that we can do more with. We have exciting ideas and features we want to create and introduce to our users but we couldn't do that without our 1Password.com solution. This is simply one of those options, our command line client is another one, and we'll be showing off even more great new features like these in the future.
On the security side, I encourage any security researchers out there to try to prove our applications insecure by demonstrating it via our bug bounty program:
https://bugcrowd.com/agilebits
Happy hunting.
I hope that gives some insight at least.
Kyle
AgileBits
The fact remains the same that the things you championed against LastPass doing are now the features and products you are providing.
You guys have already been caught erasing and hiding the previous versions on your site to convert people to 1Password.com.
I don't really care about any of this since but you guys are just not being sincere about the things you're doing. It's kind of sad.
Wow, that is BS.
You can download any previous version of 1Password, starting with version 0.8.0 (May 2006):
> First fully hosted passwords
In addition to standalone data
> Now support for extension only
In addition to existing apps and existing extension.
> I guess their previous model was killing 1Password.
The guess is wrong. Sorry. We said the opposite publicly multiple times.
When you state "their previous model", do you mean per-user pricing vs. per-device?