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Raspberry Pi is planning a London IPO, but its CEO expects “no change” in focus (arstechnica.com)

submitted 9 months ago by ptz@dubvee.org to c/technology@lemmy.world

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The business arm of Raspberry Pi is preparing to make an initial public offering (IPO) in London. CEO Eben Upton tells Ars that should the IPO happen, it will let Raspberry Pi's not-for-profit side expand by "at least a factor of 2X." And while it's "an understandable thing" that Raspberry Pi enthusiasts could be concerned, "while I'm involved in running the thing, I don't expect people to see any change in how we do things."

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[–] agent_flounder@lemmy.world 7 points 9 months ago

Exactly where I'm at, hearing this news. Chasing growth in profit at the expense of everything is a sure way to ruin a good product. I'm already not a fan of the Pi 5 being so expensive. I thought the goal was extremely cheap, low performance computing. The idea of a functional desktop computer for $30 was kind of seismic. I guess we still have the zero.