[jvdh]

They had a perfectly fine businessmodel. 1Password has been running for years without the SaaS model:

> P. S. Please don’t think our excitement for memberships has anything to do with money. We’re completely self-funded so we don’t have any investors forcing us to make changes by looking solely at our bottom line. We were doing just fine selling individual licenses and AgileBits was already steadily growing before 1Password Teams was even introduced.

https://blog.agilebits.com/2017/07/13/why-we-love-1password-...

[bjpbakker]

True but self-funded companies have investors too. Who sometimes want to cash-in instead of keep working on their products.

The simple fact that AgileBit uses it as an argument here, makes me even more skeptical about their decision.