alt Hacker NewsActually, the part of the article that made me prick my ears up was this paragraph:
In February, longtime CEO Michael Crandell moved to an advisory role, according to LinkedIn, with no announcement from the company. His replacement, Michael Sullivan, former CEO of both Acquia and Insightsoftware, touts his experience with “all facets of mergers and acquisitions” on his own LinkedIn page, including experience working with leading private equity firms.
In combination with downplaying the free plan and removing any hint of now politically unfashionable DEI-like language, what this screams to me is: Bitwarden is being prepped for a sale.
Replies
This is what made me and others nervous when they announced a huge investment into the company a few years ago. It was already a good and self-sustaining product, and taking on that investment was just going to create an expectation of returns later down the line, something that was more likely to result in enshittification.
womp womp
urgh of course it has to be private equity. Really liked the product and did not mind paying for it...but not ready for the PE enshittification.
This feels like deja-vu with Lastpass.
LogMeIn buys Lastpass, multiple massive breaches occur[, people move to Bitwarden].