The Quiet Renovation at Bitwarden - ByteHaven - Where I ramble about bytes
ByteHaven - Where I ramble about bytes
The Quiet Renovation at Bitwarden
Back in March, I wrote about Bitwarden doubling their Premium price — and specifically how they did it. Buried in a feature announcement. Priced in fake monthly increments for a product that has never once offered monthly billing. Communicated to existing customers fifteen days before their renewal, not before.
Bitwarden responded on Mastodon. They confirmed everything in my post while apparently thinking they were defending themselves. I noted at the time that the response was its own data point.
Well. There’s more data now.
The Changing of the Guard
In February, as Fast Company reported, longtime CEO Michael Crandell quietly transitioned to an advisory role. No announcement from the company. You’d only know it happened if you went looking on LinkedIn. Crandell had been with Bitwarden since 2019 — back when they were still the scrappy underdog that everyone flocked to when LastPass started pulling the rug.
His replacement is Michael Sullivan, former CEO of Acquia and Insightsoftware. Sullivan’s LinkedIn page leads with his experience in “all facets of mergers and acquisitions, including direct experience with leading PE firms.”
In plain English: M&A is the business of buying and selling companies. Private equity firms buy businesses, cut costs, grow revenue, and sell them at a profit. They’re not there to run a software company long-term — they’re managing an investment toward an exit. The people hired to run those companies are hired specifically because they know how that process works.
That’s the new CEO of your password manager. That’s what he leads with.
For context: Sullivan oversaw a $1 billion acquisition of Acquia by Vista Equity Partners in 2019, and a $1 billion investment from Hg into Insightsoftware in 2021. That’s not a software guy who happened to raise some money. That’s someone whose stated specialty is the PE integration and exit process.
CFO Stephen Morrison also departed in April, replaced by former InVision CEO Michael Shenkman. Kyle Spearrin — who started building Bitwarden as a hobby project in 2015 because he was worried about what would happen to LastPass under new ownership — remains as CTO.
The irony is almost too much to type.
The Website Is Remodeling Too
The phrase “Always free” disappeared from the personal password manager page in mid-April. It used to sit prominently under the plan selector. The free plan still exists — for now — but the commitment language is gone.
And then there’s the values rewrite.
Bitwarden used to define its culture with the acronym GRIT: Gratitude, Responsibility, Inclusion, and Transparency. After May 4th, that changed. GRIT now stands for Gratitude, Responsibility, Innovation, and Trust.
Inclusion and Transparency are out. Innovation and Trust are in.
Did They Announce Any of This?
I looked hard.
Their blog has nothing about the new CEO. No press release about the values change. No dedicated post about “Always free” being retired as a promise. The press room is silent on all of it.
There is one thing. A 2022 blog post by Crandell — “Defining and sustaining value for Bitwarden users” — was quietly edited. The GRIT list in the body now shows the new values: Innovation and Trust. But the explanatory paragraph at the bottom of the same post still says the old ones: Inclusion and Transparency. Crandell’s name is still on it. The post now contradicts itself, and nobody wrote a new one.
That’s their announcement. A half-scrubbed edit of a four-year-old post they didn’t even finish updating. Same playbook as the price hike — bury it in existing content, don’t draw attention, hope nobody reads closely enough to notice.
Somebody always does.
And since we’re here — in a 2024 interview, Crandell told Fast Company the free tier was “a firm commitment from the company. Fully featured, free forever.”
He’s in an advisory role now. “Always free” isn’t on the page.
I’ve Already Moved On
My Vaultwarden instance has been running since January. The Bitwarden cloud account is closed — I shut it down around the time that last post went live. I’m not watching this because I’m worried about my own passwords. I’m watching it because this is what I document.
The pattern is always the same: build trust, establish dependency, then quietly renegotiate the terms. And it never comes in a single dramatic announcement. It comes in layers. A feature post with a price change inside it. A LinkedIn update nobody made a press release about. A values page that says something slightly different than it did last week.
If you’re still on Bitwarden cloud and this is giving you pause — it should. I wrote about the GitHub version of this story in March — trusted open source platform, promises of independence, years of quiet erosion, then Phase 3. The parallel is close enough to make you nervous. And if you want to...