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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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[–] GissaMittJobb@lemmy.ml 4 points 9 months ago (1 children)

Google IPO'd back in 2004. Do you really consider that to be the pivotal point in Google's history?

Reddit hasn't even IPO'd yet.

[–] dohpaz42@lemmy.world 2 points 9 months ago

Going IPO does not immediately turn a company evil. That’s something that happens over time, because of being beholden to so many shareholders who only care about profit.

Reddit hasn’t even IPO’d yet.

Reddit has been making many user-detrimental changes in preparation for their IPO.