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For some very rough context:

- Duo was acquired for $2.35B

- Ledger was valued at $1.5B

- Dashlane was valued at $1B

- Yubico was valued at $600M

- LastPass was acquired for $110M

- Trezor has an annual revenue of $5M

- Authy was acquired after receiving investments of $3.8M



For additional context:

Hashicorp has an 11+B market cap Okta has a 30+B market cap

The view I keep seeing here of 1P as simply a 'password manager' is myopic... It's one of their products, and currently the most visible, but it's just 1 product.




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