Halo Fund Announces Strategic Secondary Investment in 1Password

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No longer a 1Password user - I didn’t like the subscription- but if I were, I wouldn’t like the sound of this.

I agree with Gruber’s take on it:

Well I’m sure this will halt 1Password’s rapid descent into enterprise shittiness.

A bit more explanation. This is a sale of founder/employee stock to Halo, not a fundraising.

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1Password have also been acquiring apps like Trelica. None of this seems like to increase focus on non enterprise users.

Just a password manager app but they make it too big to manage such a simple app.

Subscription is not for companies to bring more values for customers but for customers to feed a big company into obesity.

IMO, it appears 1PW is working to keep up with AI’s rapid evolution.

1Password and Browserbase Partner to Secure Credential Access for Agentic AI Automation