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Raspberry Pi becomes a public company (www.theregister.com)

submitted 5 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

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[–] Mandy@sh.itjust.works 12 points 5 months ago (3 children)

Whats events point of going public? Arent they making profit? Or what does it even do for then now?

[–] 0x0@programming.dev 22 points 5 months ago

Their goal shifts from making cool hardware to... money, make money at all costs to appease the shareholder devils.

[–] Oaksey@lemmy.world 15 points 5 months ago (1 children)

In general the reasons could be, an opportunity to raise capital meaning they can ramp up production or produce a better product, and/or the current owners want to cash out.

[–] Croquette@sh.itjust.works 13 points 5 months ago

Most of the time is for the owner to cash out. Either now, or in a short time when the ramp up is done, for more money.

[–] llii@discuss.tchncs.de 7 points 5 months ago

More money.