I find this move concerning, and wish that the Founder had looked for a new CEO that shared his values rather than a Private Equity and Mergers Expert.
Furthermore, the change to the GRIT motto is worrying. Trust is useless without Transparency when it comes to code and security.
I’m also curious of this, but I also don’t fully understand what everyone is assuming is going to happen next? I don’t like this but why is everyone saying run now?
Basically nothing survives private equity. So a CEO who’s all about private equity is a dead canary in a coal mine.
At a best guess it’s because up until now Bitwarden was conducting public audits.
This meant people could check their work and also highlight problems if they were found.
That’s part of being fully transparent.
Changing that language may mean changing that transparency and that’s bad because it means the public will have a harder time holding the company accountable if something is wrong.
It’s the first step in going closed source. Time to fork.