The VC treadmill ruined what should be a simple, sustainable business. They’re not going to light the world on fire trying to pedal a password manager as the be all and end all IAM story for enterprises. It’s not the amount of the increase. It’s that they’re chasing enterprise for VC unicorn status and clearly intending to leave their original market behind. I don’t want my passwords in a product becoming more and more derelict since the org’s heart is in another place.