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by hn_throwaway_99
1268 days ago
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I think the whole LastPass fiasco just shows why everyone wants to get into the SaaS business so bad - subscription revenue is the gift that keeps on giving. LastPass has proven they have no business safekeeping anyone else's credentials. Anyone who cares a modicum about their security will have migrated off. But migrating off is a HUGE pain (people will need hours to update hundreds of passwords), and LastPass's announcement just days before Christmas was obviously done so that your average Joe would just miss it. So LastPass will be able to continue collecting subscription revenue from users who were too busy or just not paying attention to the news, despite the fact that they really should be giving refunds to everyone who depended on their service. |
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It took less than 10mn to migrate to Bitwarden. What do you mean by migrate?