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It is fairly no frills. But they're gonna have to add some frills if they want to use up that $100M

They could try and replicate most of the keybase features. Use FOSS to market it and sell a hosted version.

That is the only direction which I think could charitably use this $100m productively.

This is actually roughly what they're doing:

- They have a hosted/managed version with a free tier and a paid tier. Paid adds things like MFA and support for orgs. The more you pay, the enterprisey-er the org support gets.

- There's also a self-hosted version which follows a very similar scheme. You can start out for free, but if you want things like MFA or a self-hosted org, you're paying the Warden.

They could do all of that without VC. To justify 100 mil of VC theyd have to expand far beyond just being a password manager.

I agree. I'm not sure what they've got in store next. I imagine they might leverage the VC connections rather than the money to try and get a bigger foothold in the enterprise space, for one, but $100M is $100M and I've got no idea where that can go given the current state of things.

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